BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.9x Days sales outstanding: 34 days Inventory turnover ratio: 7x Fixed assets turnover: 3.5x Current ratio: 1.7x 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 $ Current liabilities Cash 33,750 Accounts receivable Inventories Fixed assets Total assets Long-term debt Common stock Retained earnings Total liabilities and equity 67,500 $225,000 Sales $ Cost of goods sold $