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  3. 3. the following elements of the stsement of finan

3. The following elements of the stsement of financial Position as on 12/31/2020: Assets: Cash---------------...

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Accounting

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3. The following elements of the stsement of financial Position as on 12/31/2020: Assets: Cash--------------- Inventory---- total CA- PP & E- L & Equity CL-------------- ---Loans----- total liabilities-- Shareholders'quity Additional Information: 1. Equity $500,000 2. CL/total Debt 40% 3. Total Debt/Equity 60% 4. PP&E/Equity 60% 5. Asset turnover 2 6. Inventory turnover 8 Required: Find the balances of Balance Sheet Statement. (5 Points) Enter your

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