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(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.)
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This question was answered on: Sep 13, 2020
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