The following information is from Harrelson Inc.'s, financial statements. Sales (all credit) were $36.00 million for...

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The following information is from Harrelson Inc.'s, financial statements. Sales (all credit) were $36.00 million for last year. Sales to total assets 2.00 times Total debt to total assets Current ratio Inventory turnover Average collection period Fixed asset turnover 40 % 2.60 times 5 times 26 days 5 times Complete the balance sheet: (Use a 360-day year. Do not round intermediate calculations. Input your answers in millions rounded to 2 decimal places.) $ in millions $ in millions Cash Current debt Accounts receivable Long-term debt Inventory Total debt Total current assets Fixed assets Equity Total assets Total debt and stockholders' equity The following information is from Harrelson Inc.'s, financial statements. Sales (all credit) were $36.00 million for last year. Sales to total assets 2.00 times Total debt to total assets Current ratio Inventory turnover Average collection period Fixed asset turnover 40 % 2.60 times 5 times 26 days 5 times Complete the balance sheet: (Use a 360-day year. Do not round intermediate calculations. Input your answers in millions rounded to 2 decimal places.) $ in millions $ in millions Cash Current debt Accounts receivable Long-term debt Inventory Total debt Total current assets Fixed assets Equity Total assets Total debt and stockholders' equity

Answer rating: 100% (QA)

sales 2 3600 in millions in millions sales to total assets 200 times cash 160 current debt 415 t... View the full answer