Question: Financial Management I - Homework #3 1. Determine the missing values based on the provided information: Current Ratio - 4.8571429 Debt Ratio - 0.3306836248 Asset

 Financial Management I - Homework #3 1. Determine the missing values

Financial Management I - Homework #3 1. Determine the missing values based on the provided information: Current Ratio - 4.8571429 Debt Ratio - 0.3306836248 Asset Turnover - 1.3879173291 Gross Profit Margin - 64% Net Profit Margin - 20% Inventory Turnover - 6.5475 A/R Turnover - 10.9125 Total Assets - $629,000 Long-term Debt = $180,000 Common Shares - $41,000 . Cash- AR- Inventory . PP&E- AP- RE= . Sales - . COGS - . SG&A- Net Income Assume that there are no other asset, liability or equity accounts besides the ones listed above Also assume 5 interest rate on long-term debt and 0.tax rate to prepare a multi-step income statement. a statement of retained earnings and a classified balance sheet

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