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The Griggs Corporation has credit sales of $957,600. Total assets turnover Cash to total assets Accounts receivable turnover Inventory turnover Current ratio Debt to total

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The Griggs Corporation has credit sales of $957,600. Total assets turnover Cash to total assets Accounts receivable turnover Inventory turnover Current ratio Debt to total assets 2.85 times 120 % 20 times 14 times 1.70 times 35 % Using the above ratios, complete the balance sheet. (Round your answers to the nearest whole number) GRIGGS CORPORATION Balance Sheet Assets Liabilities and Stockholders' Equity Cash Accounts receivable Inventory Current debt Long-term debt Total debt Total current assets Equity Fixed assets Total debt and stockholders' equity Total assets Hints References eBook & Resources

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