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 = 5Current liabilities = 5 millionCredit sales = 25 millionAverage collection period = 30Inventory turns = 8Total asset turns = .75Debt ratio = 45%
Cash
Current Liabilities
Accounts Receivable
Long-term Debt
Inventory
Total Debt
Current Assets
Stockholders’ Equity
Fixed Assets
Total Assets
Total Liabilities & Equity
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