Given the following information, complete the balance sheet shown next. Collection period Days' sales in...
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Given the following information, complete the balance sheet shown next. Collection period Days' sales in cash Current ratio Inventory turnover Liabilities to assets Payables period Assets Current assets Cash Accounts receivable Inventory Total current assets Net fixed assets Total assets Liabilities and shareholders' equity Current liabilities: (All sales are on credit. All calculations assume a 365-day year. The payables period is based on cost of goods sold.) Note: Round your answers to the nearest whole dollar. Accounts payable Short-term debt Total current liabilities 69 36 2.1 5 80% 36 Long-term debt Shareholders' equity days days times $ days $ 1,200,000 1,900,000 9,000,000 
Given the following information, complete the balance sheet shown next: (All sales are on credit. All calculations assume a 365 -day year. The payables period is based on cost of goods sold) Note: Round your answers to the neorest whole doller
Given the following information, complete the balance sheet shown next. Collection period Days' sales in cash Current ratio Inventory turnover Liabilities to assets Payables period Assets Current assets Cash Accounts receivable Inventory Total current assets Net fixed assets Total assets Liabilities and shareholders' equity Current liabilities: (All sales are on credit. All calculations assume a 365-day year. The payables period is based on cost of goods sold.) Note: Round your answers to the nearest whole dollar. Accounts payable Short-term debt Total current liabilities 69 36 2.1 5 80% 36 Long-term debt Shareholders' equity days days times $ days $ 1,200,000 1,900,000 9,000,000
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