how do I calculate all these amounts to eventually balance to R3000000??
Please help!
Assets
Cash= R65440.00
Marketable Securities= R50000
Accounts Receivable = R?
Inventories = R450000
Total current Assets =??

Net fixed assets =?
Total Assets =?

Liabilities and shareholders equity
Accounts payable= R240000
Notes payable =?
Accruals= R40000
Current Liabilities =?

Long term debt =?
Shareholders equity= R1200000
Total Liabilities and shareholders equity =R3000000

Current Ratio is 1.60
Inventory turnover was 6.0
Debt ratio was 60%