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Ch.4 Complete the balance sneet and sales inrormation using the following financial data: Total assets turnover: 1.2x Days sales outstanding: 73.0 days Inventory turnover ratio:

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Ch.4 Complete the balance sneet and sales inrormation using the following financial data: Total assets turnover: 1.2x Days sales outstanding: 73.0 days Inventory turnover ratio: 5x Fixed assets turnover: 3.0x Current ratio: 2.0 x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 15% 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 Long-term debt 97,500 Common stock Accounts receivable Inventories Fixed assets Total assets 117,000 Retained earnings Total liabilities and equity $390,000 Sales Cost of goods sold $ O Tuno horo to coarch

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