Problem

(L. OBJ. 4) Using ratios to reconstruct a balance sheet [20—30 min] The following data...

(L. OBJ. 4) Using ratios to reconstruct a balance sheet [20—30 min]

The following data (dollar amounts in millions) are adapted from the financial statements of Virginia’s Stores, Inc.:

Requirement

1. Complete Virginia’s condensed balance sheet.

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Solutions For Problems in Chapter 14

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