Question: Question Help Pro forma balance sheet construction) Use the following industry-average ratios to construct a pro forma balance sheet for Karee's Beauty Products, inc: Fill
Question Help Pro forma balance sheet construction) Use the following industry-average ratios to construct a pro forma balance sheet for Karee's Beauty Products, inc: Fill in the assets section of the pro forma balance sheet. (Round all items to the nearest dollar) Cash Accounts receivable Inventories Net foed assets Total assets $530822 219178 1333333 1250000 $ 3333333 Fill in the abilities and common equity section of the pro forma balance sheet. (Round all items to the nearest dollar) Data Table Current liabilities Long-term debt Total liabilities Common equity Total liabilides and common equity (Click on the following icon in order to copy its contents into a spreadsheet) Total asset turnover 1.5 times Average collection period (assume 365-day year) 16 days Fixed asset tumover 4 times Inventory tumover (based on cost of goods sold) 3 mes Current 1.8 times Sales (all on credit) $5,000 000 Cost of goods sold 80% of sales Debt ratio 40% Print Done This question has not been completed. Foci Page 3 of 10 1934 words un English (United States) with electronics, apparel, toys and home mumsmys. Most Supercenters or open 24 hours, and may also include specialty shops such as banks, hair and otv 10.563 14
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