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