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We are given the following information for the Pettit Corporation. Sales ( credit ) $ 3 , 5 4 9 , 0 0 0 Cash
We are given the following information for the Pettit Corporation.
Sales credit $
Cash
Inventory
Current liabilities
Asset turnover times
Current ratio times
Debttoassets ratio
Receivables turnover times
Current assets are composed of cash, marketable securities accounts receivable, and inventory.
Calculate the following balance sheet items.
Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.
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