Question: Hello - This is my first tutor question. 41.(10 points) Complete the following balance sheet for the Range Company using the following information: Debt to

Hello - This is my first tutor question.

41.(10 points) Complete the following balance sheet for the Range Company using the following information:

Debt to Assets = 60%

Quick Ratio = 1.1

Asset Turnover = 5x

Capital Asset Turnover = 12.037x

Current Ratio = 2

Average Collection Period = 17.0708 days

Assume all sales are on credit.

Cash_______Current Liabilities_______

Receivables_______Bonds Payable_______

Inventory_______Total Liabilities_______

Total Current Assets_______Net Worth_______

Plant and Equipment_______

Total Assets$325,000Total Liab and NW$325,000

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