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Complete the following balance sheet using the information bellow.
All sales are credit. Assume a 360-day year calendar)
Debt to Assets = 60% Quick Ratio = 1.1 Total Assets Turnover = 5 Fixed Assets Turnover = 12.037 Current Ratio = 2 Average Collection Period = 16.837 Complete the following: Cash Receivables Inventory Total Current Assets Plant and Equipment Total Assets = 850,000 Current Liabilities Bonds Payable Total Liabilities Net Worth Total liabilities and Net Worth |
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