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

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 to calculate missing values. These ratios are sufficient for you to derive the missing information. Current ratio = 3.25 Debt ratio = 0.299 Total 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 Cash Accounts Receivable Inventory C Fixed assets D Total Assets 937,000 Sales (H) Cost of Goods sold (1) Net income (J) w Accounts payable Long term debt Common stock Retained F earnings Total liabilities G & Equity 208,000 71,000 al
 Pr Fill in the missing values on the balance sheet and

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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