Question: show all work 4. Complete the balance sheet using the following information: Quick Ratio ACP: Inventory T/O Net Income ROA 2.0 32 8 $100,000 10%

show all work

4. Complete the balance sheet using the following information: Quick Ratio ACP: Inventory T/O Net Income ROA 2.0 32 8 $100,000 10% Debt Ratio: 50% GPM: 20% Total Asset T10 15 Average Daily Credit Sales: $5,000 360 days per year Balance Sheet Cash I Accts. Receivable Inventories T. Current Assets Net Fixed Assets 600,000 Total Assets Current Liabilities L-T Liabilities Total Liabilities Stockholders' Equity Total Liabilities & Equity

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