Complete the balance sheet for Green, Inc. based on the following financial data. Key Financial Data...

 

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Complete the balance sheet for Green, Inc. based on the following financial data. Key Financial Data (2015) 1. Sales totaled $720,000. 2. The gross profit margin was 38.7 percent. 3. Inventory turned 6 times. 4. Assume 360 days in a year. 5. The average collection period was 31 days. 6. The current ratio was 2.35. 7. The total asset turnover was 2.81. 8. The debt ratio was 49.4 percent. 9. Total current assets equal $159,565 Cash Marketable securities Accounts receivable Inventories Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Assets Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debts Total liabilities Stockholders' equity Preferred stock Common stock at par Paid-in capital in excess of par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 8,005 $50,000 $28,800 $18,800 2451 30,000 6,400 90,800 Complete the balance sheet for Green, Inc. based on the following financial data. Key Financial Data (2015) 1. Sales totaled $720,000. 2. The gross profit margin was 38.7 percent. 3. Inventory turned 6 times. 4. Assume 360 days in a year. 5. The average collection period was 31 days. 6. The current ratio was 2.35. 7. The total asset turnover was 2.81. 8. The debt ratio was 49.4 percent. 9. Total current assets equal $159,565 Cash Marketable securities Accounts receivable Inventories Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Assets Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debts Total liabilities Stockholders' equity Preferred stock Common stock at par Paid-in capital in excess of par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 8,005 $50,000 $28,800 $18,800 2451 30,000 6,400 90,800