From the following information of a Textile Company complete the Proforma balance Sheet if Sales are worth OMR 28,00,000. Sales to Net worth = 2.3 times; Current Debt to Net worth = 42%; Total Debt to Net worth = 75%; Current Ratio = 2.9 times Net Sales to Inventory = 4.7 times; Average Collection Period = 64 days Fixed Assets to Net worth = 53.2%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
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2. From the following information of a Textile Company complete the Proforma balance Sheet if Sales are worth OMR 28,00,000. Sales to Net worth = 2.3 times; Current Debt to Net worth = 42%; Total Debt to Net worth = 75%; Current Ratio = 2.9 times Net Sales to Inventory = 4.7 times; Average Collection Period = 64 days Fixed Assets to Net worth = 53.2%
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