complete the balance sheet and sales information


complete the balance sheet and sales information using the following data:
debt to assets ratio 50% current ratio 1.8x total assets turnover 1.5x day sales outstanding 36.5 days (calculation is based on a 365 day year) gross profit margin on sales (sales-cost of good sold)/sales=25% inventory turnover ratio 5x.....Balance sheet cash=? accounts receivable=? inventories=? Fixed assets=? Total assets= 300,000 sales=? accounts payable=? long term debt= 60,000 common stocks=? retained earnings=? total liabilities and owners equity=? Cost of goods sold=?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: complete the balance sheet and sales information
Reference No:- TGS0264931

Expected delivery within 24 Hours