Ratio Analysis: Use the following information to complete the balance sheet below. Hint: use 365 day calendar.Current ratio = 4Current liabilities = 5 millionCredit sales = 25 millionAverage collection period = 30Inventory turns = 8Total asset turns = .75Debt ratio = 45%Cash Current LiabilitiesAccounts Receivable Long-term DebtInventory Total DebtCurrent Assets Stockholdersâ EquityFixed AssetsTotal Assets Total Liabilities & Equity
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