Melicher, Introduction to JS Melchior Introduction here PRINTER VERSION 4 BACK NEX Question 12 Complete the balance sheet of Ivanhoe Corporation (Round answers to the nearest whole dollar, c.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.) Ivanhoe Corporation Balance Sheet as of December 31, 2017 Labilities and Equity Accounts payable and accruals Assets: Cash and marketable securities Notes payable Accounts receivable 300,000 Inventory Total current assets $2,000,000 Net plant and equipment Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity $1,250,000 Total assets $8,000,000 $ You have the following information: Debt ratio 40 % DSO 39 days Current ratio 1.32 Inventory turnover ratio- 5.000 Net sales $1.95 million Cost of goods sold - $2.3620 million Click If you would like to Show Work for this question: Open Show Work