1 The finance department has been tasked with reviewing the sales information and balance sheet for Bahama Baubles based on the financial data that follows. You are to complete the balance shoot provided. Current Ratio: 1.8 2 Total Asset Turnover 1.5% 3 Days Sales Outstanding 36.5 days (Based on 365 day year) Debt to Assets Ratio: 50% 5 Inventory Tumover Ratio: 5X 6 Gross Profit margin on Sales: 25% (Sales - Cost of Goods Sold) /Sales 4 Bahama Baubles Balance Sheet Amount Amount Cash A/R $60,000 Inventories Fixed Assets A/P Long-Term Debt Common Stock Retained Earnings Total Liabilities & Equity $97,500 Total Assets $300,000 Sales Cost of Goods Sold