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Use the following information to complete the balance sheet below. Sales are $7.8 million, capital intensity ratio is 2.00 times, debt ratio is 65 percent,
Use the following information to complete the balance sheet below. Sales are $7.8 million, capital intensity ratio is 2.00 times, debt ratio is 65 percent, and fixed asset turnover is 1.20 times. (Enter your answers in millions of dollars rounded to 2 decimal places.) |
Balance Sheet | ||
Assets | ||
Current assets___________ | $ m | |
Fixed assets_____________ | m | |
Total assets_______________ | $ m | |
Liabilities and Equity | ||
Total liabilities__________ | $ m | |
Total equity____________ | m | |
Total liabilities and equity__________________ | $ m | |
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