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C Questions (CNOW) Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.2x Days sales outstanding: 73.0 days Inventory
C Questions (CNOW) Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.2x Days sales outstanding: 73.0 days Inventory turnover ratio: 4x Fixed assets turnover: 3.0x Current ratio: 2.5x Gross profit margin on sales: (Sales - Cost of goods soldy/Sales - 25% Calculation is based on a 365-day year. Do not round intermediate calculations. Round your answers to the nearest dollar Balance Sheet Cash $ Current liabilities $ Accounts receivable Long-term debt 63,000 Inventories Common stock E Fixed assets Retained earnings 147,000 Total assets $420,000 Total liabilities and equity $ Sales $ Cost of goods sold $ Che co search CHE
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