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Using the following information, complete the BalanceSheet: Long term debt to equity 0.5 to 01 Total assets turnover 2.5 times Average collection period* 18 days

Using the following information, complete the BalanceSheet: Long term debt to equity 0.5 to 01 Total assets turnover 2.5 times Average collection period* 18 days Inventory turnover 9 times Gross profit margin 10% Acid-test ratio 01 to 01 *Assume a 360-days year and all sales oncredit

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