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Use the following information to complete the balance sheet below. Sales are $8.4 million, capital intensity ratio is 2.00 times, debt ratio is 55 percent,
Use the following information to complete the balance sheet below. Sales are $8.4 million, capital intensity ratio is 2.00 times, debt ratio is 55 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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