Current ratio = 2.6 timesProfit margin = 10%Sales = $1,270mROE = 10%Long-term debt to Long-term debt and equity = 60%Use the above information to complete the balance sheet below.(Enter your answers in millions.) Current assets ? million Current liabilities $280 million Fixed assets ? million Long-term debt ? million Stockholders’ equity ? million Total assets ? million Total liabilities and equity ? million

Current ratio = 2.6 times Profit margin = 10% Sales = $1,270m ROE = 10% Long-term debt to Long-term debt and equity = 60% Use the above information to complete the balance sheet below. (Enter your...

Current ratio = 2.6 times
Profit margin = 10%
Sales = $1,270m
ROE = 10%
Long-term debt to Long-term debt and equity = 60%

Use the above information to complete the balance sheet below.(Enter your answers in millions.)


Current assets	?	million	Current liabilities	$280	million
Fixed assets	?	million	Long-term debt	?	million
			Stockholders’ equity	?	million
Total assets	?	million	Total liabilities and equity	?	million

Jun 02, 2022