Question

Using the following data.complete the Balance sheet below
a Gross profit (20%on sales) 120000
b. Share holder equity capital 100000
Credit sales to total sales 80%
d. Total assets turnover 3times (sales/total assets)
Inventory turnover times (to cost of sales)
f. Average collection period 18 days (360 days in a year)
Creditors to currents assets 60%
Long term debt to total equity capital 40%​

Answer 1

Answer:

150 is correct answer thankyou