Question: Info given Debt ratio = 35 % DSO = 36 days Current ratio = 1.84 Inventory turnover ratio = 4.000 Net sales = $3.38 million

 Info given Debt ratio = 35 % DSO = 36 days

Info given

Debt ratio = 35 %
DSO = 36 days
Current ratio = 1.84
Inventory turnover ratio = 4.000
Net sales = $3.38 million
Cost of goods sold = $2.1220 million

Question 12 Complete the balance sheet of Oriole Corporation. (Round answers to the nearest whole dollar, e.g. 125. Use 365 days for calculation.) Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template, copy the problem statement from this screen for easy reference to the values you've been given here, and be sure to update any values that may have been pre-entered in the template based on the textbook version of the problem.) Oriole Corporation Balance Sheet as of December 31, 2017 Liabilities and Equity: Assets: Cash and marketable securities Accounts payable and accruals Notes payable Accounts receivable 300,000 Inventory Total current liabilities Total current assets $2,000,000 Long-term debt Net plant and equipment Common stock Retained earnings $1,250,000 $8,000,000 Total liabilities and equity Total assets

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