Question: Using the information in the table, prepare a balance sheet for years 2 0 1 6 to 2 0 2 0 . What is the

Using the information in the table, prepare a balance sheet for years 2016 to 2020. What is the total assets in 2020? Round your answer to two digits. Description 20162017201820192020 Industry Benchmark Ratios 2020 Long-term debt 700800850750780 Market Value Added 780 Cost of goods sold 20402244246827152738 Economic Value added 25 Average tax rate 0.350.350.350.350.35 Return on Equity 0.35 Cash and marketable securities 100132170.8538.978.35 Return on Assets 0.1 Accounts payable 204224247272274 Profit margin 0.12 Notes Payable 105150300400440 Asset turnover 2 Inventories 900898864815700 Fixed asset turnover 2.2 Accounts receivable 340400517550575 Inventory turnover 5.4 Net fixed assets 20402244246827152987 Days Receivables 35 Depreciation 245269296326358 Interest burden 0.9 Revenues 34003800420046005120 Times interest earned ratio 2.4 Dividends Paid 13610971951 Leverage ratio 1.1 Accruals 170187206226249 Total debt ratio 0.09 Administrative Expenses 680823102912671493 Interest expense 86124138195258 Current ratio 2.4 Stockholders' equity 220123132416.852470.92597.35 Quick ratio 1.1 Stock market price 2.22.32.63.23.1 Cash ratio 0.4 Number of shares 10001000100010001000 DU-PONT Long-term debt rate 0.050.050.050.050.05 Tax Burden 0.65 Short-term debt rate 0.060.060.060.060.06 Interest burden 0.9 Equity beta 0.50.50.50.50.5 Profit margin 0.12 Risk-free rate 0.040.040.040.040.04 Asset Turnover 2 Market risk premium 0.080.080.080.080.08 Leverage 1.1 Description 20092010201120122013 ROE 0.15444 Long-term debt 700800850750780

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