accounts recievable
Consider the following financial data for J. White Industries: Total assets turnover: 2.9 Gross profit margin on sales: (Sales-Cost of goods sold)/Sales 24% Total liabilities-to-assets ratio: 60% Quick ratio: 1.20 Days sales outstanding (based on 365-day year): 30.5 days Joventory tumover ratio: 7.0 The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet Complete the balance sheet and sales information in the table that follows for 3. White Industries. Do not round intermediate calculations. Round your answers to the nearest whose des Statement Partial Income Information Sales Cost of goods sold Balance Sheet Cash 190000 S $ 50,000 Accounts receivable Accounts payable Long-term debit Common stock Retained earings Tutal abilities and equity Inventones 60000 S Fixed assets $ 100,000 Tutal assets 10000 S $ 1160000✔