1. Complete the balance sheet that follows for St. Johns, Inc. using the following financial data: ROA is 6.00% Gross profit margin: 25% Credit sales: 72% of total sales Debt ratio: 60% Inventory turnover: 6 Quick ratio: 2.0 Total asset turnover: 2.5 360 days in the year Average collection period: 35 days Net Income is $24,000 Current Debt $50,000 L-T Debt Total Debt Total Equity Total Debt & Equity Cash Accounts Receivable Inventories Total Current Assets Net Fixed Assets Total Assets