you have 20 min to solve this Q.4 Complete the following balance sheet based...
80.2K
Verified Solution
Question
Finance
you have 20 min to solve this
Q.4 Complete the following balance sheet based on the financial ratios provided below, use a 365 day year "9 Points" CASH INVENTORY ACCOUNTS RECEIVABLE TOTAL CURRENT ASSETS ACCOUNTS PAYABLE LONG TERM DEBT TOTAL LIABILITY FIXED ASSETS SHARESHOLDERS EQUITY 650,000 875,000 TOTAL ASSETS TOTAL LIAB & OE DEBT RATIO DEBT TO TOTAL ASSETS = 43% QUICK RATIO = 7.5 CURRENT RATIO = 1.5 TOTAL ASSET TURNOVER = 3.5 AVERAGE COLLECTION PERIOD = 23 DAYS . Q.4 Complete the following balance sheet based on the financial ratios provided below, use a 365 day year "9 Points" CASH INVENTORY ACCOUNTS RECEIVABLE TOTAL CURRENT ASSETS ACCOUNTS PAYABLE LONG TERM DEBT TOTAL LIABILITY FIXED ASSETS SHARESHOLDERS EQUITY 650,000 875,000 TOTAL ASSETS TOTAL LIAB & OE DEBT RATIO DEBT TO TOTAL ASSETS = 43% QUICK RATIO = 7.5 CURRENT RATIO = 1.5 TOTAL ASSET TURNOVER = 3.5 AVERAGE COLLECTION PERIOD = 23 DAYSGet 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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.