Using the following information, complete the balance presented below if all sales are on credit:
Net profit margin Acid-test ratio Trade receivables turnover time Long-term debt to equity Inventories turnover ratio Total asset
turnover ratio Gross profit margin
3% 1:1 20 days 0, 5:1 9x (i.e. nine (9) times) 3,1x 20%
BALANCE SHEET as at 31st March 2007
Non-Current Assets
Property, plant and equipment (net) R
Current Assets
Inventories
Trade receivables
Cash
TOTAL ASSETS
Shareholders' Equity
Ordinary shares issued
Accumulated profit
Non-Current Liabilities
Long-term debt
Current Liabilities
Trade payables
SHAREHOLDER'S EQUITY and TOTAL LIABILITIES