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We are given the following information for the Coleman Machine Tools Corporation

We are given the following information for the Coleman Machine Tools Corporation
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Price: $4.99
Availability: In Stock
Model: A
Average Rating: 5 out of 5 Stars!

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FINANCE

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

 

FILE: MS WORD

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