Marion Surgical Instruments Inc. has $6,840,000 in yearly sales (all on credit). Given the following ratios,...

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Marion Surgical Instruments Inc. has $6,840,000 in yearly sales (all on credit). Given the following ratios, calculate the following balance sheet items: (1) Cash, (2) Accounts receivable, (3) Inventory. (4) Fix assets (net), (5) Current debt, (6) Long-term debt, (7) Total debt. (8) Stockholders' equity and (9) Total debt and Stockholders' equity. Figures of Total current assets and Total assets are provided for your reference. Total assets turnover.. Cash to total assets Accounts receivable turnover. Inventory turnover.............. Current ratio. Debt to total assets.. Cash Accounts receivable... Inventory.... Total current assets Fixed assets(net).. Total assets www Marion Surgical Instruments Inc. Balance Sheet 20X1 $1,375,600 $2.280,000 3 times 2% 12 times 9 times 2.5 times 46% Current debt... Long-term debt.... Total debt. Stockholders' equity..... Total debt and stockholders' equity. Marion Surgical Instruments Inc. has $6,840,000 in yearly sales (all on credit). Given the following ratios, calculate the following balance sheet items: (1) Cash, (2) Accounts receivable, (3) Inventory. (4) Fix assets (net), (5) Current debt, (6) Long-term debt, (7) Total debt. (8) Stockholders' equity and (9) Total debt and Stockholders' equity. Figures of Total current assets and Total assets are provided for your reference. Total assets turnover.. Cash to total assets Accounts receivable turnover. Inventory turnover.............. Current ratio. Debt to total assets.. Cash Accounts receivable... Inventory.... Total current assets Fixed assets(net).. Total assets www Marion Surgical Instruments Inc. Balance Sheet 20X1 $1,375,600 $2.280,000 3 times 2% 12 times 9 times 2.5 times 46% Current debt... Long-term debt.... Total debt. Stockholders' equity..... Total debt and stockholders' equity.

Answer rating: 100% (QA)

Cash 45600 Current debts 550 240 Account Receivables 570000 Long term Debts Inventory 760000 Total C... View the full answer