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3)Based on the following information, answer the questions. 2021 Balance Sheet Assets Liabilities and Equity Account Receivables Net fixed assets Total 3,000,000 ( ) (

3)Based on the following information, answer the questions. 2021 Balance Sheet Assets Liabilities and Equity Account Receivables Net fixed assets Total 3,000,000 ( ) ( ) Debt Equity Total 2,500,000 ( ) ( ) Given the Account Receivables Turnover (Sales/AR) of 3, figure out Sales. Moreover, if the Total Asset Turnover (Sales/TA) is 0.9, figure out Total Asset.

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