Problem:
I want to know how to figure out:
1. Sales
2. Accounts receivables
3. Inventories
4. Fixed assets accounts payable common stock
5. cost of goods sold
Based on the following information:
Debt ratio: 50%
quick ration: 0.80%
Total assets turnover: 1.5x
Days sales outstanding: 36.5 days
gross profit margin on sales: (sales-cost of goods sold)Sales=25%
Inventory turnover ration: 5x