Question: Financial ratios Find the missing values on the balance sheet and the income statement of Pensacola Railroads (in millions). Start with the balance sheet, and

Financial ratios Financial ratios Find the missing values on the balance sheet and

Find the missing values on the balance sheet and the income statement of Pensacola Railroads (in millions). Start with the balance sheet, and then continue with the income statement. You can use the following ratios: NOTE: USE AVERAGE RECEIVABLES AND INVENTORY 0.4 Debt Ratio Interest Coverage Ratio 1.4 Current Ratio Quick Ratio 0.2 Cash Ratio Inventory Turnover (average inventory) Average Collection Period (average receivables) 73 days 40% Tax rate

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