Mathematics, 17.03.2021 23:50 lee1677
Balance Sheet Analysis
Complete the balance sheet and sales information in the table that follows for J. White Industries using the following financial data:
Total assets turnover: 1.9
Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 20%
Total liabilities-to-assets ratio: 35%
Quick ratio: 1.00
Days' sales outstanding (based on 365-day year): 36.5 days
Inventory turnover ratio: 3.50
Do not round intermediate calculations. Round your answers to the nearest whole dollar.
Answers: 2
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Balance Sheet Analysis
Complete the balance sheet and sales information in the table that follows f...
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