Question: Comprehensive answer questions: Read the following information and answer the questions given below: 12 x 10 = 20) 17. (a) Using the following information, complete

Comprehensive answer questions: Read the following information and answer the questions given below: 12 x 10 = 20) 17. (a) Using the following information, complete the balance sheet below. Long term debt to net worth = 0.5 Total assets turnover = 2.5 times Days sales outstanding = 18 days Gross profit margin=10% Quick ratio = 1 Inventory turnover = 9 times Assume a 360 days a year and all sales are on credit. Balance Sheet Cash Notes Payable 100000 Account Receivable Long term debt Inventory Common stock 100000 Plant and equipment Retained earnings 100000 Total Assets RS-------- Total Liabilities and equities RS------- he will deposit in a bank paying 7 percent interest a sum of money that is to provide the four payments of Rs 100,000 each. His deposit will be made today. a. How large must the deposit be? b. How much will be in the account immediately after you make the first withdrawal? After the last withdrawal
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