You know the following information about the company: equity to asset ratio is 0,5; sales to...
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You know the following information about the company: equity to asset ratio is 0,5; sales to fixed assets is 3,5; sales to equity is 2,8; net income is estimated as 20% of the sales; net income to long-term sources of financing* is 0,35; sales is equal to 5600 thousand rubles. Find the main aggregates of balance sheet. (*long-term sources of financing = equity+long-term debt) You know the following information about the company: equity to asset ratio is 0,5; sales to fixed assets is 3,5; sales to equity is 2,8; net income is estimated as 20% of the sales; net income to long-term sources of financing* is 0,35; sales is equal to 5600 thousand rubles. Find the main aggregates of balance sheet. (*long-term sources of financing = equity+long-term debt)
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To find the main aggregates of the balance sheet we need to use the given financial ratios and sales ... View the full answer
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