Levels Tought:
Elementary,Middle School,High School,College,University,PHD
Teaching Since: | Apr 2017 |
Last Sign in: | 324 Weeks Ago, 5 Days Ago |
Questions Answered: | 3232 |
Tutorials Posted: | 3232 |
MBA,MCS,M.phil
Devry University
Jan-2008 - Jan-2011
MBA,MCS,M.Phil
Devry University
Feb-2000 - Jan-2004
Regional Manager
Abercrombie & Fitch.
Mar-2005 - Nov-2010
Regional Manager
Abercrombie & Fitch.
Jan-2005 - Jan-2008
32. We are given the following information for the Coleman Machine Tools Corporation
Sales (credit) . . . . . . . . . . . . . . . $7,200,000
Cash . . . . . . . . . . . . . . . . . . . . . 300,000
Inventory . . . . . . . . . . . . . . . . . . 2,150,000
Current liabilities . . . . . . . . . . . . 1,400,000
Asset turnover . . . . . . . . . . . . . . 1.20 times
Current ratio . . . . . . . . . . . . . . . 2.50 times
Debt-to-assets ratio . . . . . . . . . . 40%
Receivables turnover . . . . . . . . . 8 times
Current assets are composed of cash, marketable securities, accounts receivable, and inventory. Calculate the following balance sheet items.
a. Accounts receivable.
b. Marketable securities.
c. Fixed assets.
d. Long-term debt
Hel-----------lo -----------Sir-----------/Ma-----------dam----------- T-----------han-----------k Y-----------ou -----------for----------- us-----------ing----------- ou-----------r w-----------ebs-----------ite----------- an-----------d a-----------cqu-----------isi-----------tio-----------n o-----------f m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l