Question

Current ratio 2.4 times Profit margin 10% Sales = $1,250m ROE = 25% Long-term debt to Long-term debt and equity 60% Use the above information to complete the balance sheet below. (Enter your answers in millions.) 260 million $ Current assets million Current liabilities million Long-term debt Stockholders' equity million Total liabilities and equity million Fixed assets million million Total assets

Answer 1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

ACCOUNTS latest - Microsoft Excel (Product Activation Failed) View Add-Ins File Home Insert Page Layout Formulas Data Review - 2x % Cut Dr General -11AA = = = D A E Wrap Text Merge Merge & Center Center U SF 4:0 .00 8. Insert Delete Format $ - % % Number Conditional Format Formatting as Table Styles Cell Styles Σ AutoSum : A Fill Sort & 2 Clear Filter Editing Find & Select Font Alignment Cells K L KM KN KO KPKQ KR KSKT KU KV KWKX CURRENT RATIO = CURRENT ASSETS/ CURRENT LIABILITIES Calibri E Copy Paste Format Painter B I Clipboard KS73 KK 55 56 57 58 59 60 61 62 63 64 CURRENT ASSETS/CURRENT LIABILITIES = CURRENT ASSETS/260 = CURRENT ASSETS = 2.4 2.4 624 PROFIT MARGIN = 10% PROFIT MARGIN = 10% = NET INCOME/SALES NET INCOME/ 1250 NET INCOME = 125 69 ROE = NET INCOME/EQUITY 25% = 125/ EQUITY 3 EQUITY = 125/25% = 500 70 71 72 73 60% LONG TERM DEBT/ (LONG TERM DEBT + EQUITY) = LONG TERM DEBT/ (LONG TERM DEBT +500) = LONG TERM DEBT = 60%(LONG TERM DEBT) + 300 cycle ROE, BV MV ratio VARIANCE BEP, OL FL ratios DETROIT 60%O 74 ► FIFO budget 45 days float B-S profit loss SALES BUDGET dupont CASH BUDGET ferences: CU58 Rea DIFF ANALYSIS ovel B0 120% 0 + * * OENG 22-11-2019 EU R 9

ACCOUNTS latest - Microsoft Excel (Product Activation Failed) View Add-Ins File Home Insert Page Layout Formulas Data Review - 2x % Cut Dr General BEHEER -11AA = = = D A E Wrap Text Merge Merge & Center Center U SF 4:0 .00 8. Insert Delete Format $ - % % Number Calibri E Copy Paste Format Painter B I Clipboard KS88 KK Conditional Format Formatting as Table Styles Cell Styles Σ AutoSum : A Fill Sort & 2 Clear Filter Editing Find & Select Font Alignment Cells K L KM KN KOKP KQ KR KSKT KU KV KW KX 5 71 60% 60% 72 73 74 75 76 77 78 79 LONG TERM DEBT/ (LONG TERM DEBT + EQUITY) = LONG TERM DEBT/ (LONG TERM DEBT +500) = LONG TERM DEBT = 60%(LONG TERM DEBT) + 300 40% (LONG TERM DEBT) = 300 LONG TERM DEBT = 300/40% = 750 BALANCE SHEET 260 624 886 80 CURRENT ASSETS FIXED ASSETS [1510-624] TOTAL ASSETS = CURRENT LIABILITIES LONG TERM DEBT SHAREHOLDERS' EQUITY TOTAL LIABILITIES AND EQUITY 750 500 1510 1510 81 82 83 84 86 87 88 89 H Rea FIFO budget 45 days cycle ROE, BV MV ratio VARIANCE BEP, OL FL ratios DETROIT float B-S profit loss SALES BUDGET dupont CASH BUDGET ferences: CU58 DIFF ANALYSIS B0 * ovel 120% 0 + OPER 9 ENG 22-11-2019