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Balance Sheet Analysis

Compute the ratios to complete the following balance sheet:

Cash________
Receivables____________
Inventory_______________
Total Current Assets__________
Plant and Equipment___________
Total Assets___$325,000_______

Current Liabilities____________
Bonds Payable__________________
Total Liabilities__$195,000____
Net Worth______________________
Total Liabilities and Net worth_________________

Debt to Assets = 60%
Quick Ratio = 1.1
Asset Turnover = 5x
Fixed Asset Turnover = 12.037x
Current Ratio = 2
Average Collection Period = 16.837 days

Solution Preview

Cash________
Receivables____________
Inventory_______________
Total Current Assets__________
Plant and Equipment___________
Total Assets___$325,000_______

Current Liabilities____________
Bonds Payable__________________
Total Liabilities__$195,000____
Net Worth______________________
Total Liabilities and Net worth_________________

Debt to Assets = 60%
Quick Ratio = 1.1
Asset Turnover = 5x
Fixed Asset Turnover = 12.037x
Current Ratio = 2
Average Collection ...

Solution Summary

This solution is comprised of a detailed explanation to compute the ratios to complete the following balance sheet.

$2.19