Long term debt to Equity. 0.5 to 1 ******. Total asset turnover. Average collection period. „2.5 times 18 days (assume a 360 day year and all sales on credit) 9 times Inventory turnover. Gross profit. 10% Acid test ratio. 1:1 ....... Cash . $? Notes payable . $100,000 Account receivable . Long term debt .? Inventory. Share capital . 100,000 ...... Plant and equipment . Retained earnings . 100,000
Long term debt to Equity. 0.5 to 1 ******. Total asset turnover. Average collection period. „2.5 times 18 days (assume a 360 day year and all sales on credit) 9 times Inventory turnover. Gross profit. 10% Acid test ratio. 1:1 ....... Cash . $? Notes payable . $100,000 Account receivable . Long term debt .? Inventory. Share capital . 100,000 ...... Plant and equipment . Retained earnings . 100,000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![Long term debt to Equity.
0.5 to 1
******.
Total asset turnover.
Average collection period.
„2.5 times
18 days (assume a 360 day year and all sales on credit)
9 times
Inventory turnover.
Gross profit.
10%
Acid test ratio.
1:1
.......
Cash .
$?
Notes payable . $100,000
Account receivable .
Long term debt .?
Inventory.
Share capital .
100,000
......
Plant and equipment .
Retained earnings .
100,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7aa709b6-72ed-423b-80e5-94d8e19daf35%2F239b92c1-bf02-480a-a169-ded1cf79bf22%2Flfsrcq.png&w=3840&q=75)
Transcribed Image Text:Long term debt to Equity.
0.5 to 1
******.
Total asset turnover.
Average collection period.
„2.5 times
18 days (assume a 360 day year and all sales on credit)
9 times
Inventory turnover.
Gross profit.
10%
Acid test ratio.
1:1
.......
Cash .
$?
Notes payable . $100,000
Account receivable .
Long term debt .?
Inventory.
Share capital .
100,000
......
Plant and equipment .
Retained earnings .
100,000
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