BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.3x Days sales outstanding: 35.5 days Inventory turnover ratio: 5x Fixed assets turnover: 3x Current ratio: 2.2x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales - 20% "Calculation is based on a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent. Balance Sheet Cash Current liabilities $ 37,500 Accounts receivable Inventories Fixed assets Total assets Long-term debt Common stock Retained earnings Total liabilities and equity 75,000 $250,000 $ Sales Cost of goods sold $