Posted: December 18th, 2022
Liberty busi 320 corporate finance week 1 (textbook assignment 1)
Liberty University BUSI320 Corporate Finance
Week 1 (Textbook Assignment 1) Financial Statement Analysis (Chp 3)Version C
Ratio Analysis Use the following information to complete the balance sheet below. Hint: use 365 day calendar.
Current ratio = 5
Current liabilities = 5 million
Credit sales = 25 million
Average collection period = 30
Inventory turns = 8
Total asset turns = .75
Debt ratio = 45%
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Cash |
Current Liabilities |
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Accounts Receivable |
Long-term Debt |
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Inventory |
Total Debt |
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Current Assets |
Stockholders’ Equity |
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Fixed Assets |
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Total Assets |
Total Liabilities & Equity |
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