Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a) complete balance sheet and sales information fr

a) Complete balance sheet and sales information from follows Debt/Total Assets 0.50; Acid test ratio...

70.2K

Verified Solution

Question

Finance

a) Complete balance sheet and sales information from follows Debt/Total Assets 0.50; Acid test ratio 0.8; Total Asset turnover 1.5; Receivable Turnover 10 Times ; Gross profit margin 25% and inventory turnover days 72 . Days in year 360 Cash Receivables Inventories Net Fixed Assets $ ? ? ? ? $300000 Payables Long term debt Common Stock Retained earnings $ ? 120000 ? 97500 ? Sales ? CGS ?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Portfolio beta and weights Rafael is an analyst at a wealth management firm. One of his clients...

Psychology
1.2K views

Define the following word and put the references. Academic Core Vocabulary landmarks monuments modals active voice passive voice

Biology
1.2K views

At what point during the American Revolutionary War was the Declaration of Independence signed?A. Two...

Physics
1.2K views

18 The rate of disintegration was observed to be 1017 disintegrations per sec when its...

Basic Math
1.2K views

Which expression is equivalent to 6(x-4)?-6x +46x-46x-24-6x + 24

Algebra
1.2K views

Complete the table for the given polynomial 4x3 3 1x 3x 7 Complete the table...

Algebra
1.2K views

19 Which of the following statements is true about the function below O A The...

Algebra
1.2K views

or units out referring to any of the tabl symbol is

Accounting
1.2K views

Do It! Review 11-3b Ivanhoe Company has had 4 years of record earnings. Due to...

Accounting
1.2K views

The Jurassic Classics has four employees on its sales team and uses a compensation that...

Accounting
1.2K views

Sunland Company manufactures two products, Board 12 and Case 165. Sunland's overhead costs consist of...

Finance
1.2K views

IncorrectQuestion 2 Use the following information: Probability...