BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the

following financial data:

Total assets turnover: $1\mathrm{.}5$

Days sales outstanding: $36\mathrm{.}5$ days ${?}^a$

Inventory turnover ratio: $3\mathrm{.}75$

Fixed assets turnover: $3\mathrm{.}0$

Current ratio: $2\mathrm{.}0$

Gross profit margin on sales: $($Sales $-$ Cost of goods sold$)\frac{?}{?}$ Sales $=25\%$

${?}^a$ Calculation is based on a $365-$day year.

Balance Sheet