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How do I calculate all these amounts to eventually balance to R3,000,000??
how do I calculate all these amounts to eventually balance to R3000000??
Please help! Assets Cash= R65440.00 Marketable Securities= R50000 Accounts Receivable = R? Inventories = R450000 Total current Assets =?? Net fixed assets =? Total Assets =? Liabilities and shareholders equity Accounts payable= R240000 Notes payable =? Accruals= R40000 Current Liabilities =? Long term debt =? Shareholders equity= R1200000 Total Liabilities and shareholders equity =R3000000 Current Ratio is 1.60 Inventory turnover was 6.0 Debt ratio was 60% |
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