Question: Draw Page Layout Formulas Data Review View Cut Calibri (Body) 11 Copy B I U ' A Format AutoSave Home Insert Paste BD Comments

Draw Page Layout Formulas Data Review View Cut Calibri (Body) 11 Copy

Draw Page Layout Formulas Data Review View Cut Calibri (Body) 11 Copy B I U ' A Format AutoSave Home Insert Paste BD Comments Share Normal Bad Autosum Fill v % 0 Conditional Format Formatting as Table Good Neutral Insert Delete Format Clear Sort & Filter Find & Select Sensitivity Analyze Data Tell me Wrap Text Date FIN-3015-01 F23 Exam 2 Take Home Portion Automate Merge & Center +A $ S T U V W X Y Z AA AB AC AD AE AF 11 fx 11/2/2023 A B C D E F G H J K L M N P Q R 4 5 Complete the Balance Sheet below based on the given information 6 7 Cash 8 Marketable securities $ 30,000 $ 25,000 9 Accounts Receivable 10 Inventory 11 Total current Assets 12 Net Fixed Assets 13 Total Assets 14 15 16 17 18 19 21 6789022 Accounts Payable $ 120,000 Short-term Notes Payable Accrued Liabilities $ 20,000 Total Current Liabilities Long-Term Debt Total Debt Stockholder's Equity $ 600,000 23 Total Liabilites and Equity 24 25 Assumptions: 26 Sales $1,825,000 27 Gross profit margin = 30% 28 Inventory Turnover = 7.0 29 365 days per year 30 DSO = 40 days 31 Current ratio=1.40 32 Total Asset Turnover = 1.25 33 34 35 36 37 38 39 40 On my Honor I have neither given nor received aid on this examination, nor have I shared the 41 questions with anyone. 42 43 44 Signed: 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 Ready Problem 16 Problem 17 Problem 18 Accessibility: Good to go AG 60 A 100%

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