Question: Pr Fill in the missing values on the balance sheet and income statement below for Ikram and Company. Use the ratios that are given below
Fill in the missing values on the balance sheet and income statement below for Ikram and Company. Use the ratios that are given below to calculate missing values. These ratios are sufficient for you lo derive the missing information. Current ratio =3.25 Dabt ratio =0.299 Tolal asset turnover =0.562 times /yr - Gross profit margin =0.49 Net profit margin =0.15 inventory turnover =4.799 times/yr Receivables turnover =6.844 times/yr Sales (H) Cost of Goods sold (i) Net income (J)
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