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Ratio Analysis: Use the following information to complete the balance sheet below. Hint: use a...
More:Ratio Analysis: Use the following information to complete the balance sheet below. Hint: use a 365-day calendar. Current ratio = 4 Current liabilities = 5 million Credit sales = 25 million Average collection period = 30 Inventory turns = 8 Total asset turns = .75 Debt ratio = 45% Cash Current Liabilities Accounts Receivable Long-term Debt Inventory Total Debt Current Assets Stockholders’ Equity Fixed Assets Total Assets Total Liabilities & Equity Additional Requirements Min Pages: 1 Level of Detail: Show all work

 







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