BALANCE SHEET ANALYSIS
Complete the balance sheet and sales information using the
following financial data:
Total assets turnover: 1.2x
Days sales outstanding: 42 daysa
Inventory turnover ratio: 7x
Fixed assets turnover: 2.5x
Current ratio: 1.8x
Gross profit margin on sales: (Sales - Cost of goods sold)/Sales =
20%
aCalculation is based on a 365-day year. Do not round
intermediate calculations. Round your answer to the nearest
cent.
BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total...
BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.1x Days sales outstanding: 43 daysa Inventory turnover ratio: 4x Fixed assets turnover: 2.5x Current ratio: 1.8x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 30% aCalculation is based on a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent. Balance Sheet Cash $ Current liabilities $ Accounts receivable Long-term debt 80,000...
Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.2x Days sales outstanding: 42 daysa Inventory turnover ratio: 7x Fixed assets turnover: 3.5x Current ratio: 2.3x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 35% aCalculation is based on a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent. Balance Sheet Cash $ Current liabilities $ Accounts receivable Long-term debt 87,500 Inventories Common...
Balance Sheet Analysis Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.2x Days sales outstanding: 35.5 daysa Inventory turnover ratio: 5x Fixed assets turnover: 3x Current ratio: 1.8x Gross profit margin on sales: (Sales-Cost of goods sold)/Sales-2596 Calculation is based on a 365-day year. Round your answer to the nearest cent. Balance Sheet Cash Accounts receivable Inventories Fixed assets Current liabilities $ Long-term debt 33,750 Common stock Retained earnings Total liabilities and equity...
BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1x Days sales outstanding: 36 daysa Inventory turnover ratio: 5x Fixed assets turnover: 3x Current ratio: 2.5x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 20% aCalculation is based on a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent. Balance Sheet Cash $ Current liabilities $ Accounts receivable Long-term debt 48,750...
BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.5x Days sales outstanding: 33.5 daysa Inventory turnover ratio: 5x Fixed assets turnover: 3x Current ratio: 2.5x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 25% aCalculation is based on a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent. Balance Sheet Cash Current liabilities Accounts receivable Long-term debt 52,500 Inventories ...
BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.4x Days sales outstanding: 40.5 days Inventory turnover ratio: 7x Fixed assets turnover: 2.5x Current ratio: 2.4x Gross profit margin on sales: (Sales- Cost of goods sold)/Sales 25% aCalculation is based on a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent Balance Sheet Current liabilities $ Cash Accounts receivable 37,500 Long-term debt Inventories Common stock Retained...
BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1x Days sales outstanding: 42.5 daysa Inventory turnover ratio: 3x Fixed assets turnover: 3x Current ratio: 2.3x Gross profit margin on sales: (Sales Cost of goods sold)/Sales 25% aCalculation is based on a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent. Balance Sheet Cash Current liabilities $ $ Accounts receivable Long-term debt 65,000 Common stock Inventories...
BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.1x Days sales outstanding: 33 daysa Inventory turnover ratio: 5x Fixed assets turnover: 3x Current ratio: 2x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 20% aCalculation is based on a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent. Balance Sheet Cash $ Current liabilities $ Accounts receivable Long-term debt 87,500...
Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.5x Days sales outstanding: 35 daysa Inventory turnover ratio: 7x Fixed assets turnover: 3.5x Current ratio: 2.1x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 25% aCalculation is based on a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent. Balance Sheet Cash $ Current liabilities $ Accounts receivable Long-term debt 100,000 Inventories Common...
BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.8x Days sales outstanding: 30 days Inventory turnover ratio: 7x Fixed assets turnover: 3.5x Current ratio: 2.1x Gross profit margin on sales: (Sales Cost of goods sold)/Sales 20 % Calculation is based on a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent. Balance Sheet Cash Current liabilities $ Accounts receivable Long-term debt 41,250 Inventories Common stock...