balance sheet

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 51E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...
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Q. Using the following data, complete the balance sheet given below:

Gross profit.      Rs.54,000

Shareholders fund   Rs.600,000

Gross profit margin.   20%

Credit sale to Total sales.   80%

Total assets turnover.     0.3 times 

Inventory turnover.          4times

Average collection period.     20 days ( a 360 days year) 

Current ratio.           1.8

Long-term debt to equity.      40%

 

                           BALANCE SHEET

         
         
         
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