Total debt $181 CHAPTER 7 Total assets SOLUTIONS

Total assets Total debt 4.0 4.1 Average $175 $700 Fixed assets Sales 5.5 7.2 Bad $101 $560 Inventories Cost of goods sold 41.1 days 33.5 days Poor ($700 / 360) $80 Sales / 360 Accounts receivable 3.8 3.9 Average $53 $201 Current liabilities Current assets Argile Average Comment ... ................
................