Fill in the balance sheet for the Jamestown Company

Fill in the balance sheet for the Jamestown Company

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 $___________


Price: £ 45

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