Using the following information, complete the balance sheet. Write all the formulas and show how they are utilized.

Long Term Debt to Equity 0.5 to 1

Total Asset Turnover 2.5 times

Receivable Turnover Ratio (days) 18 days

Inventory Turnover Ratio 9 times

Gross Profit Margin 10%

Acid Test Ratio 1 to 1

*Assume a 360 day year and all sales on credit.

Cash ____________ Notes P/A Rs. 100,000

Debtors ____________ Long Term Debt ____________

Inventory ____________ Common Stock Rs. 100,000

Plant and Machine ____________ Retained Earnings Rs. 100,000

TOTAL ASSETS ____________ Total Liabilities and

Share Holders Equity ____________