Complete problem: Balance Sheet Analysis
Complete the balance sheet and sales information in the table that follows for XYZ Inc., using the following financial data:
Show your work.
Total assets turnover:
Gross profit margin on sales: Sales Cost of goods soldSales:
Total liabilitiestoassets ratio:
Quick ratio:
Days sales outstanding based on day year: days
Inventory turnover ratio:
Partial Income Statement Information
Sales
Cost of goods sold
Balance Sheet Information
Cash Accounts payable
Accounts receivable Long term debt
Inventories Common stock
Fixed assets Retained earnings
Total assets $ Total liabilities and equity
