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you have 20 min to solve this Q.4 Complete the following balance sheet based...

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Finance

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you have 20 min to solve this

Q.4 Complete the following balance sheet based on the financial ratios provided below, use a 365 day year "9 Points" CASH INVENTORY ACCOUNTS RECEIVABLE TOTAL CURRENT ASSETS ACCOUNTS PAYABLE LONG TERM DEBT TOTAL LIABILITY FIXED ASSETS SHARESHOLDERS EQUITY 650,000 875,000 TOTAL ASSETS TOTAL LIAB & OE DEBT RATIO DEBT TO TOTAL ASSETS = 43% QUICK RATIO = 7.5 CURRENT RATIO = 1.5 TOTAL ASSET TURNOVER = 3.5 AVERAGE COLLECTION PERIOD = 23 DAYS . Q.4 Complete the following balance sheet based on the financial ratios provided below, use a 365 day year "9 Points" CASH INVENTORY ACCOUNTS RECEIVABLE TOTAL CURRENT ASSETS ACCOUNTS PAYABLE LONG TERM DEBT TOTAL LIABILITY FIXED ASSETS SHARESHOLDERS EQUITY 650,000 875,000 TOTAL ASSETS TOTAL LIAB & OE DEBT RATIO DEBT TO TOTAL ASSETS = 43% QUICK RATIO = 7.5 CURRENT RATIO = 1.5 TOTAL ASSET TURNOVER = 3.5 AVERAGE COLLECTION PERIOD = 23 DAYS

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