Consider the following data for the Jamestown Company. Sales $4,380,000 Total asset turnover 1.6x Current ratio...

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Consider the following data for the Jamestown Company. Sales $4,380,000 Total asset turnover 1.6x Current ratio = 4:1 Quick ratio = 3:1 Current liabilities to net worth = 30% Average collection period 20 days Total debt to total assets 0.4 Fill in the balance sheet for the Jamestown Company based on the data provided above (assume a 365-day year). Round your answers to the nearest dollar. Balance Sheet Cash Accounts receivable Inventory Total current assets Fixed assets Total assets $ $ $ Accounts payable Total current liabilities Long-term debt Stockholders' equity Total liabilities and equity 1111 1 Consider the following data for the Jamestown Company. Sales $4,380,000 Total asset turnover 1.6x Current ratio = 4:1 Quick ratio = 3:1 Current liabilities to net worth = 30% Average collection period 20 days Total debt to total assets 0.4 Fill in the balance sheet for the Jamestown Company based on the data provided above (assume a 365-day year). Round your answers to the nearest dollar. Balance Sheet Cash Accounts receivable Inventory Total current assets Fixed assets Total assets $ $ $ Accounts payable Total current liabilities Long-term debt Stockholders' equity Total liabilities and equity 1111 1

Answer rating: 100% (QA)

To fill in the balance sheet for the Jamestown Company well use the provided data and formulas for the relevant financial ratios Given data Sales 4380000 Total asset turnover 16x Current ratio 41 Quic... View the full answer