BUSI 320 -MODULE/WEEK 1 -FINANCIAL STATEMENT ANALYSIS

Ratio Analysis: Use the following information to complete the balance sheet below. Hint: use a
365-day calendar.
Current ratio = 4
Current liabilities = 5 million
Credit sales = 25 million
Average collection period = 30
Inventory turns = 8
Total asset turns = .75
Debt ratio = 45%
Cash
Accounts Receivable
Inventory
Current Assets
Fixed Assets

Current Liabilities
Long-term Debt
Total Debt
Stockholders’ Equity

Total Assets

Total Liabilities & Equity