Question: Fill in the Balance Sheet. (Do not round intermediate calculations, Round your answers to 2 decimal places.) Sales $6750 Total Assets Turnover 4.5 Current Ratio

Fill in the Balance Sheet. (Do not round intermediate calculations, Round your answers to 2 decimal places.) Sales $6750 Total Assets Turnover 4.5 Current Ratio 4.1 Quick Ratio 3.75 Current Liabilities to Stockholders Equity 0.45 Average Collection Period (Use End of Year 16 AR) Total Debt Ratio 0.8 Assets Balance Sheet Liabilities & Equity Accounts Payable Cash Accounts Receivables Total Current Liabilities 135 Inventory 47.25 Long-Term Debt 1065 Total Current Asset 553.5 Total Liabilities 1200 Total Net Fixed Assets Total Shareholders Equity 946.5 300 Total Assets 1500 Total Liabilities and Equity 1500
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