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b. Complete the Balance Sheet for Premium Ellie Berhad based on the following information. Assume that there are 360 days in a year. (Please show

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b. Complete the Balance Sheet for Premium Ellie Berhad based on the following information. Assume that there are 360 days in a year. (Please show your calculation) Gross Profit Margin Inventory turnover Average collection period Sales Current ratio Total asset turnover Debt ratio 38.7 percent 6 times 31 days RM720,000 2.35 times 2.81 times 49.4 percent Premium Ellie Berhad Balance Sheet for the year ended 31 December 2019 Liability and Owners' Equity Current Llabilities Account payable 8,005 Notes payables Accruals Assets Current Assets Cash Marketable Securities Account receivable Inventory 28,800 18,800 Total Current Liabilities Total Current Asset 195,565 Long term liabilities Total Liabilities Total fixed assets Accumulated depredation Net fixed asset 50,000 Shareholders' equity Preference share Ordinary shares Pald-up capital Retained earnings 2,451 30,000 6,400 90,800 Total Equity Total Liabilities and Equity Total Assets

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