HW assignment financial management
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textbook_assignment_1_managerial_finance.docxBUSI 320
Module/Week 1 (Textbook Assignment 1) Financial Statement Analysis (Ch. 3) Version B
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%
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Cash |
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Current Liabilities |
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Accounts Receivable |
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Long-term Debt |
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Inventory |
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Total Debt |
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Current Assets |
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Stockholders’ Equity |
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Fixed Assets |
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Total Assets |
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Total Liabilities & Equity |
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