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you should make the balance sheet part.Complete the options and tell me how to make this part.Thanks Long-term debt ratio Tines interest carned Current ratio
you should make the balance sheet part.Complete the options and tell me how to make this part.Thanks
Long-term debt ratio Tines interest carned Current ratio Quick ratio Cash ratio Inventory turnover Average collection period 8.0 1.8 0.4 4.0 73 days Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Turnover and the average collection period are calculated using start-of-year, not average, values. (Enter your answers in millions. Round intermediate calculations and final answers to 2 decimal places.) INCOME STATEMENT (Figures in $ millions) Net sales Cost of goods sold Selling, general, and administrative expenses Depreclation Earnings before interest and taxes (EBIT Interest expense Income before tax Tax (35% of income before tax) Net income 260 176 28.00 38.00 15.7 5.51 BALANCE SHEET (Figures in $ millions) This Year Last Year Assets Cash and marketable securities 38 Accounts receivable 52 Total current assets 134 Net property, plant, and equipment 43 Total assets Liabilities and shareholders' equity S 20.00$ 25.00 15 30 45 17 115 Accounts payable Notes payable Total current liabilities Long-term debt Shareholders' equity Total liabilites and shareholders' equity250D.00Step by Step Solution
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