Ratio Analysis Use the following information to complete the balance sheet below. Hint: use 365 day calendar.
Current ratio = 3
Current liabilities = 5 million
Credit sales = 25 million
Average collection period = 30
Inventory turns = 8
Total asset turns = .75
Debt ratio = 45%
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Cash
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Current Liabilities
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Accounts Receivable
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Long-term Debt
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Inventory
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Total Debt
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Current Assets
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Stockholders' Equity
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Fixed Assets
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Total Assets
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Total Liabilities& Equity
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