Ratio Analysis Use the following information to complete the following balance sheet.
Current ratio = 3
Current liabilities = 5 million
Credit sales = 25 million
Average collection period = 30
Inventory turns = 8
Total asset turns = 0.75
Debt ratio = 45 percent

Question

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The Answer of Ratio Analysis Use the following information to complete the following balance sheet.
Current ratio = 3
Current liabilities = 5 million
Credit sales = 25 million
Average collection period = 30
Inventory turns = 8
Total asset turns = 0.75
Debt ratio = 45 percent

Ratio Analysis Use the Following Information to Complete the Following