Complete the balance sheet

Assignment Help Accounting Basics

Reference no: EM13811977

Ratio analysis Use the following information to complete the balance sheet below Use 365 day calendar Current ratio = 5 Current liabilities = 5 million Credit sales = 25 million Average collection period = 30 Inventory turns = 8 Total asset turns = .75 Debt ratio = 45%

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

Current ratio = 5

Current liabilities = 5 million

Credit sales = 25 million

Average collection period = 30

Inventory turnover = 8

Total asset turnover = .75

Debt ratio = 45%

Cash

Current Liabilities

5,000,000

Accounts Receivable

Long-term Debt

Inventory

Total Debt

Current Assets

Stockholders' Equity

Fixed Assets

Total Assets

Total Liabilities & Equity

Reference no: EM13811977

Questions Cloud

Creating-sustaining innovative organizational culture : Prepare a two-page paper on "Creating and Sustaining an Innovative Organizational Culture."

Companies offer these incentives to attract customers : Why do these companies offer these incentives to attract customers? What happens to them if they don't offer the incentive? Will customer still come to their place and do business?

What does james mean by the heroic life : What does James mean by the heroic life

Discuss various ways federal state and local governments : Discuss the various ways federal, state, and local governments attempt to promote education as equality of opportunity. What are the some positives and negatives you see in the involvement of government in the education system

Complete the balance sheet : Ratio analysis Use the following information to complete the balance sheet below Use 365 day calendar Current ratio = 5 Current liabilities = 5 million Credit sales = 25 million Average collection period = 30 Inventory turns = 8 Total asset turns ..

Aggregate planning in manufacturing-aggregate planning : 1. What are the major differences between aggregate planning in manufacturing and aggregate planning in services?

Explain why is it an important issue : Describe the current understanding of that problem and any major disagreements about it. What is the issue that your team has selected. ( the issue is immigration, and specifically " education and immigration" Why is it an important issue. What is ..

Internal competencies to achieve competitive advantage : What steps/actions would an organization take to determine whether the supply management operation has the appropriate internal competencies to achieve competitive advantage?

Determine the tensile stress in each segment : Determine the tensile stress in each segment of the bar shown. Segment AB has a square cross section 2in by 2in. Segment BC has a circular cross section with a diameter of 1.75in. The tensile load P = 75 kips.

User Account

All Pages