Balance sheet analysis Complete the balance sheet and sales information that follows using the following financial data:

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Balance sheet analysis Complete the balance sheet and sales information that follows using the following financial data:

Debt Ratio: 50%

Current ratio:1.8x

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 ratio:5x


Calculation is bases on a 365-dayyear.

Balance sheet analysis Complete the balance sheet and sales info
Inventory Turnover Ratio
Inventory Turnover RatioThe inventory turnover ratio is a ratio of cost of goods sold to its average inventory. It is measured in times with respect to the cost of goods sold in a year normally.    Inventory Turnover Ratio FormulaWhere,...
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Fraud examination

ISBN: 978-0538470841

4th edition

Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma

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