Question: 1. Complete the missing information for the selected balance sheet accounts based on the following ratios Debt Ratio 50% Tot Liab / Tot Asset Quick

1. Complete the missing information for the selected balance sheet accounts based on the following ratios

Debt Ratio

50%

Tot Liab / Tot Asset

Quick Ratio

.80X

(CA-Inv)/CL

Total Asset TO

1.5X

Sales / Tot Asset

Days Sales Outstanding

36.5 days (365)

Receivables /Avg Sales per Day

Gross Profit Margin

On Sales

25%

(Sales-COGS)/Sales

Inventory TO

8X

Sales / Inv

Cash

Accounts Pay

Accounts Rec

LT Debt

60,000

Inventories

Common Stk

Fixed Assets

RE

97,500

Total Assets

450,000

Total Liab & Equity

Sales

COGS

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