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BUSI 320
Module/Week 1 (Textbook Assignment 1) Financial Statement
Analysis (Ch. 3) Version B
Ratio Analysis: Use the following information to complete the
balance sheet below. Hint: use a 365-day calendar.
Current ratio = 4
Current liabilities = 5 million
Credit sales = 25 million
Average collection period = 30
Inventory turns = 8
Total asset turns = .75
Debt ratio = 45%
Cash
Current Liabilities
Accounts Receivable
Long-term Debt
Inventory
Total Debt
Current Assets
Stockholders’ Equity
Fixed Assets
Total Assets
Total Liabilities & Equity

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  • 1. BUSI 320 Module/Week 1 (Textbook Assignment 1) Financial Statement Analysis (Ch. 3) Version B Ratio Analysis: Use the following information to complete the balance sheet below. Hint: use a 365-day calendar. Current ratio = 4 Current liabilities = 5 million Credit sales = 25 million Average collection period = 30 Inventory turns = 8 Total asset turns = .75 Debt ratio = 45% Cash Current Liabilities Accounts Receivable Long-term Debt Inventory Total Debt Current Assets Stockholders’ Equity Fixed Assets