Consider the following data for the Jamestown Company. Sales = $3,650,000 Total asset turnover = 1.6x Current ratio = 4:1 Quick ratio = 3:1 Current liabilities to net worth = 30% Average collection period = 25 days Total debt to total assets = 0.4 Fill in the balance sheet for the Jamestown Company based on the data provided above (assume a 365-day year). Round your answers to the nearest dollar. Balance Sheet Cash 24 Accounts payable 24 Accounts receivable Total current liabilities $ Inventory Long-term debt 2$ Total current assets Stockholders' equity Fixed assets Total assets 2$ Total liabilities and equity 2$

Consider the following data for the Jamestown Company. Sales = $3,650,000 Total asset turnover = 1.6x Current ratio = 4:1 Quick ratio = 3:1 Current liabilities to net worth = 30% Average collection period = 25 days Total debt to total assets = 0.4 Fill in the balance sheet for the Jamestown Company based on the data provided above (assume a 365-day year). Round your answers to the nearest dollar. Balance Sheet Cash 24 Accounts payable 24 Accounts receivable Total current liabilities $ Inventory Long-term debt 2$ Total current assets Stockholders' equity Fixed assets Total assets 2$ Total liabilities and equity 2$

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 19P

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