Question: 11. Problem 4,22 (Balance Sheet Analysis) ebook Probler Walk-Through Complete the balance sheet and sales information using the following financial data Total assets turnover: 1x
11. Problem 4,22 (Balance Sheet Analysis) ebook Probler Walk-Through Complete the balance sheet and sales information using the following financial data Total assets turnover: 1x Days sales outstanding: 73.0 days Inventory turnover ratio: 3.75 Fixed assets turnover 3.0x Current ratio: 2.5% Gross profit margin on sales: (Sales - Cost of goods sold)/Sales - 25% Calculation is based on a 365-day year. Do not round Intermediate calculations. Round your answers to the nearest dollar. Balance Sheet Cash Current liabilities Accounts receivable Long-term debt Inventories Common stock Fixed assets Retained earnings Total assets $300,000 Total Mobilities and equity Sales Cost of goods sold $ 60,000 90,000 Grade It Now Save & Continue Continue without saving
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