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Balance Sheet Analysis Complete the balance sheet end saes information in the table that foaows for I White Industries using the following financial data
Balance Sheet Analysis Complete the balance sheet end saes information in the table that foaows for I White Industries using the following financial data. Total assets turnover: 1,6 Gross petit margin on sees: (Sales - Cost of goods sold)iSales = 25.• total liabrlities-to assets rem: 50% Quids ratio: 1.00 Days' sees outstanding (based on 365.day year): 36.5 days lrreentory turnover ratio: 3.75 Do not round intermechwe calculation Round v,i, answers to the nearest whole dollar. Partial Income Statement tranrmat ion Sales i Cost of goods sold Balance sheet Assets bat›Aties and Equity I Cash S Accounts payable Long -term debt S Accounts recerrable Common stuck5fiOGO Ineentones fn.) assets Retained earnings / GO Total assets 400,000 TOta: Icaburties and co.,. $ K0
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