Complete the balance sheet and sales information in the table that tollows for Hoffmeister Industries using the following financial data: Debt ratio uick ratio Total assets turnover Days sales outstanding/average collection period Grossprofit margin on sales Inventory turnover ratio: 50% 0,80x 1.5x 36 days 25% (sales-cost of goods sold) sales- Calculation is based on a 360 day year Balance Sheet Liabilities & Equity Accounts payable Long-term debt Common stock Retained earnin Assets Accounts receivable 60,000 Invento Fixed assets Total Assets 97.500 300,000 Total Liabilities &Equit Sales Cost of Goods Sold