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-   -   Complete the following balance sheet using the information bellow. (https://www.askmehelpdesk.com/showthread.php?t=701572)

  • Sep 12, 2012, 07:57 PM
    RodSilva
    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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