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In: Accounting

Complete the following balance sheet: Cash    Accounts Payable A/R Long-term Liability $ 100 Inventories Ordinary...

Complete the following balance sheet:

Cash    Accounts Payable
A/R Long-term Liability $ 100
Inventories Ordinary Share capital $ 75
Building Retained earnings $ 50
Total Assets Total Liabilities & SHE

Other information:

Quick Ratio - 2

Net Sales - $750

Asset Turnover Ratio - 3

Fixed Asset Turnover Ratio - 5

Receivable Turnover Ratio - 18.75

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For any clarifications please comment.

ekkarill92 answered 2 years ago
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