Worksheet chapter 9 Assets 2,980,000 Liabilities 1,250,000 Inventory 1,410,000 Sales 5,000,000 Avg Inventory 1,500,000 Accounts Receivable 1,320,000 Debt 1,000,000 Given the data above, provide the following calculations: Debt ratio Total asset turnover Receivables turnover Inventory turnover Quick ratio Current ratio Given the above data, construct a balance sheet
Worksheet chapter 9 Assets 2,980,000 Liabilities 1,250,000 Inventory 1,410,000 Sales 5,000,000 Avg Inventory 1,500,000 Accounts Receivable 1,320,000 Debt 1,000,000 Given the data above, provide the following calculations: Debt ratio Total asset turnover Receivables turnover Inventory turnover Quick ratio Current ratio Given the above data, construct a balance sheet
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
22nd Edition
ISBN:9781305666160
Author:James A. Heintz, Robert W. Parry
Publisher:James A. Heintz, Robert W. Parry
Chapter15: Financial Statements And Year-end Accounting For A Merchandising Business
Section: Chapter Questions
Problem 9SPA: FINANCIAL RATIOS Use the work sheet and financial statements prepared in Problem 15-8A. All sales...
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Worksheet chapter 9 Assets 2,980,000 Liabilities 1,250,000 Inventory 1,410,000 Sales 5,000,000 Avg Inventory 1,500,000 Accounts Receivable 1,320,000 Debt 1,000,000 Given the data above, provide the following calculations: Debt ratio Total asset turnover Receivables turnover Inventory turnover Quick ratio
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