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Complete the balance sheet and sales information in the table that follows for J . White Industries, using the following financial data: Total assets turnover:

Complete the balance sheet and sales information in the table that follows for J. White Industries, using the following financial data:
Total assets turnover: 1.5
Gross profit margin on sales: (Sales - Cost of goods sold)/Sales =30%
Total liabilities-to-assets ratio: 35%
Quick ratio: 0.70
Days' sales outstanding (based on 365-day year): 36.5 days
Inventory turnover ratio: 3.25
Do not round intermediate calculations. Round your answers to the nearest whole dollar.
Partial Income Statement Information
Sales $ ???????
Cost of goods sold ????????
Balance Sheet Information
Cash $ ?????
Accounts payable $ ?????
Accounts receivable ????
Long-term debt 50,000
Inventories ???????
Common stock ?????
Fixed assets ?????
Retained earnings 100,000
Total assets $ 400,000
Total liabilities and equity $??????

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