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The Griggs Corporation has credit sales of $971,600. Total assets turnover Cash to total assets Accounts receivable turnover Inventory turnover Current ratio Debt to
The Griggs Corporation has credit sales of $971,600. Total assets turnover Cash to total assets Accounts receivable turnover Inventory turnover Current ratio Debt to total assets 2.80 times 1.00 % 20 times 14 times 1.66 times 30 % Using the above ratios, complete the balance sheet. (Round your answers to the nearest whole dollar.) GRIGGS CORPORATION Cash Accounts receivable Inventory Total current assets Fixed assets Total assets Assets Balance Sheet Liabilities and Stockholders' Equity Current debt Long-term debt Total debt Equity Total debt and stockholders' equity
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