(solution) The following data are from U Guessed It Company's financial

(solution) The following data are from U Guessed It Company's financial

The following data are from U Guessed It Company?s financial statements.

 

U Guessed It manufactures board games for young adults, and it competes with Marker Brothers and Bilton Radley. Sales (all credit) were $20 million for 2015. COGS were 80% of sales.

    

     
  Sales to total assets 2.0  times
  Total debt to total assets 40  %
  Current ratio 3.0  times
  Inventory turnover 4.0  times
  Average collection period 18.0  days
  Capital asset turnover 5.0  %

    

Using the above information calculate the balance sheet: (Enter the answers in millions. Use 365 days in a year. Do not round intermediate calculations. Round the final answers to 3 decimal places.)

| | © 2013 -2020 jalangotv. All Rights Reserved. |

|Disclaimer : jalangotv.netis a online-based custom paper writing company that offers services meant for assistance purposes only. All our materials should be used with proper referencing and all due laws.