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There is nothing to edit, please complete. Part B Balance Sheet Fill-in Complete the Balance Sheet below based on the given information Cash & Securities
There is nothing to edit, please complete.
Part B Balance Sheet Fill-in Complete the Balance Sheet below based on the given information Cash \& Securities Accounts Receivable Inventory Total current Assets Gross Fixed Assets Accumulated Depreciation Net Fixed Assets Total Assets \begin{tabular}{|l|} \hline$60,000 \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline200,000 \\ \hline \\ \hline \\ \hline \end{tabular} Assumptions: Sales =$2,190,000 Gross profit margin =35% Inventory Turnover =7.3 365 days per year DSO=45. days Current ratio =1.40 Total Asset Turnover =1.20 Debt Ratio = Total Liabilities / Total Assets =60% Part B Balance Sheet Fill-in Complete the Balance Sheet below based on the given information Cash \& Securities Accounts Receivable Inventory Total current Assets Gross Fixed Assets Accumulated Depreciation Net Fixed Assets Total Assets \begin{tabular}{|l|} \hline$60,000 \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline200,000 \\ \hline \\ \hline \\ \hline \end{tabular} Assumptions: Sales =$2,190,000 Gross profit margin =35% Inventory Turnover =7.3 365 days per year DSO=45. days Current ratio =1.40 Total Asset Turnover =1.20 Debt Ratio = Total Liabilities / Total Assets =60%Step by Step Solution
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