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BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1 . 4 x Days sales outstanding:

BALANCE SHEET ANALYSIS
Complete the balance sheet and sales information using the following financial data:
Total assets turnover: 1.4x
Days sales outstanding: 35 days ?a
Inventory turnover ratio: 5x
Fixed assets turnover: 3.5x
Current ratio: 2.5x
Gross profit margin on sales: (Sales - Cost of goods sold)/Sales =30%
?a Calculation is based on a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent.
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