Complete the following balance sheet using theinformation:
Cash
Accounts Receivables Inventory ________
Current Assets _________
Net Fixed Assets $1,000,000 _________
Total $1,300,000 =========
Current Ratio = 3.0
Inventory Turnover = 10.0
Debt Ratio = 30%
AccountsPayables $100,000
Long-term Debt
Total Liabilities
Common Equity
________
Total $1,300,000
=========
Total Asset Turnover = 0.5
Average Collection Period = 45 days
Gross Profit Margin = 30%
