From the values of the ratios given, calculate the missing balance sheet and income statement items of
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Question:
From the values of the ratios given, calculate the missing balance sheet and income statement items of National Sponge Company.Round to nearest s
Average Collection Period
days
Current Ratio
Debt to Asset Ratio
or
Gross Profit Margin
Fixed Asset Turnover
Inventory Turnover
x
Operating Profit Margin
Return on Assets
or
Return on Equity
or
Total Asset Turnover
National Sponge Company Income Statement for dollars
Sales $
Cost of Goods Sold
Gross Profit
Selling and Administrative Expenses
Depreciation Expense
Operating Income EBIT
Interest Expense
Earnings before Taxes EBT
Income Taxes T
Net Income NI
National Sponge Company Balance Sheet as of End
Assets:
Cash
Accounts Receivable gross
Inventory
Plant and Equipment net
Liabilities:
Accounts Payable
Notes Payable
Accrued Expenses
Bonds Payable
Stockholders Equity:
Common Stock
Retained Earnings
Posted Date: