Question: Fill in the missing values on the balance sheet and income statement below for the Adams Company. Use the ratios that are given to calculate

Fill in the missing values on the balance sheet and income statement below for the Adams Company. Use the ratios that are given to calculate the missing values. These ratios are sufficient for you to derive the missing information.

Current ratio = 5.3225806451613

Debt ration = 0.29090909090909

Total asset turnover = 1.4866310160428 times/yr

Gross profit margin = 0.4

Net profit margin = 0.04

Inventory turnover = 9.8117647058824 times/yr

Receivables turnover = 9.9285714285714 times/yr

Important: Do not round the ratios until your have found the final answer in each case. This is done so that the values on the balance sheet and income statement come out as whole numbers.

Cash _____________

Accts Rec _____________

Inventory ______________

Fixed Assets ______________

Total Assets 935,000.00

Accts payable _____________

Long term debt ___________

Common stock _____________

Retained Earn _____________

Total Liab & Equity ____________

Sales _________________

Cost of Goods Sold ________________

Net Income ________________

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