Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
debt/net wort 60% Acid test ratio 1.2 Asset turn over 1.
debt/net wort 60%
Acid test ratio 1.2
Asset turn over 1.5 times
Day sales outstanding in accounts receivable 40 days
gross profit margin 30% inventory 6 times
complete balance sheet and sales below
balance sheet
cash Account payable
account receivableCommon Stock RM15,000
inventoriesRetained earning RM22,000
Plan & equipment
total assetTotal liabilities
Sales
Cost of good sold
