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The Paragon Company has sales of $2,000, current ratio of 1.5, inventory turnover of 5.0, and average collection period (ACP) of 45 days. Complete the
- The Paragon Company has sales of $2,000, current ratio of 1.5, inventory turnover of 5.0, and average collection period (ACP) of 45 days. Complete the following current section of the firm's balance sheet.
Cash $ Accts Payable $
Accts Rec Accruals 60
Inventory
Current Assets $ Current Liabs $ 750
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