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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
1. Fill in the balance sheet for 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 $___________
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