This paper circulates around the core theme of Fill in the balance sheet for the Jamestown Company together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
1. Fill in thebalance sheetfor the Jamestown Company presented below based on the following data (assume a 365-days year):
Sales = $3,650,000
TotalAsset Turnover= 4X
Current Ratio = 3:1
Quick Ratio = 2:1
CurrentLiabilitiesto net worth = 30%
Average collection period = 20 days
Total debt to total assets =.4
Balance Sheet
Cash$ _____________
Accounts Payable $_____________
Accounts Receivables $___________ T. Current Liab. $
Inventory$ Long-Term Debt $____________
T. Current Assets$ Stockholders ‘ equity $________
Fixed Assets$ _______
T. Assets $ ________
Total Liab.& Equity $___________
