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2. (16 points) Complete the following balance sheet using the information provided. Assume a 365 day year and round to the nearest $1,000 Current Ratio-5

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2. (16 points) Complete the following balance sheet using the information provided. Assume a 365 day year and round to the nearest $1,000 Current Ratio-5 Inventory Turnover Debt Ratio 44 Total Asset Turnover- 2.0 X Days sales outstanding 24.6713 days 9.0 X Cash Accounts Receivable Inventory Fixed Assets Accounts Payable Long Term Debt Common Stock Retained Earnings Tot Liab &Equity $955.000 $960,000 $2.700.000 Total Assets Sales

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