Complete the balance sheet

Assignment Help Finance Basics

Reference no: EM13753477

Ratio Analysis Use the following information to complete the balance sheet below. Hint: use 365 day calendar.

Current ratio = 3
Current liabilities = 5 million
Credit sales = 25 million
Average collection period = 30
Inventory turns = 8
Total asset turns = .75
Debt ratio = 45%

Cash		Current Liabilities
Accounts Receivable		Long-term Debt
Inventory		Total Debt
Current Assets		Stockholders' Equity
Fixed Assets

Total Assets		Total Liabilities& Equity

Reference no: EM13753477

Questions Cloud

Company more than just periodic interest payments : Assume that a company issues a bond at 92 having a face value of $5,000 and a coupon interest rate of 6%. The bond pays interest annually and has a five-year-maturity time frame, and bonds of similar risk are currently paying interest rates of 8%.

Identify five different it systems : Identify five different IT systems that have affected business in the past few years (i.e., business software applications, networks, hardware, internet-based technologies, databases)

Legal definition of the crime : What is the legal definition of the crime of obtaining goods by false pretenses? Do the facts in the case satisfy the definition? Explain.

Distributive share of the partnership passive taxable income : Where on the tax return is the following reported? Distribution of $4800 from ST Partnership. Her distributive share of the partnership passive taxable income was $5300. She had no prior passive losses.

Complete the balance sheet : Ratio Analysis Use the following information to complete the balance sheet below. Hint: use 365 day calendar.

Cost per equivalent unit for materials and conversion costs : At the start of November, Penco Refinery had Work in Process inventory consisting of 4,000 units that were 90 percent complete with respect to materials and 50 percent complete with respect to coversion costs. Calculate the cost per equivalent unit f..

Lan and wireless lan wiring considerations : Section 1: Network Consultation Proposal-Suggest LAN and Wireless LAN (WLAN) wiring considerations. Recommend hardware options and costs

How much is the cost of goods sold using full costing : Boulder blowers produces snow blowers. The selling pricer per snow blower is $100. Costs involved in production are: In addition, the company has fixed selling and administrative costs of $150,000 per year. During the year, Boulder produces 45,000 sn..

Determine the sales dollars required to earn net income : Hytek Company bottles and distributes Livit, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2012, management estimates the following revenues and costs. De..

User Account

All Pages