FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Given the following items , compute the required ones.
REQUIRED
COST OF SALES
GIVEN
Asset Turnover :
Gross Margin:
1,2
0,3
NET SALES
TOTAL SALES
CURRENT ASSETS
Fin.Goods InventoryTurnover
Av. Finished Goods Inventory 120.000
Working.Capital Cycle
Trade Receivables Turnover
CURRENT RATIO
200 days
4
AV.TRADE RECEIVABLES
TOTAL DEBT
Long Term Debt
Total Debt / Equity
250.000
TOT.DEBT/ TOTAL SOURCES
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Transcribed Image Text:Given the following items , compute the required ones. REQUIRED COST OF SALES GIVEN Asset Turnover : Gross Margin: 1,2 0,3 NET SALES TOTAL SALES CURRENT ASSETS Fin.Goods InventoryTurnover Av. Finished Goods Inventory 120.000 Working.Capital Cycle Trade Receivables Turnover CURRENT RATIO 200 days 4 AV.TRADE RECEIVABLES TOTAL DEBT Long Term Debt Total Debt / Equity 250.000 TOT.DEBT/ TOTAL SOURCES
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In accounting, a ratio is used to evaluate the company's financial performance by establishing the relationship between two line items of financial statements. 

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