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Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1x Days sales outstanding: 42 days Inventory turnover ratio: 6x

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Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1x Days sales outstanding: 42 days Inventory turnover ratio: 6x Fixed assets turnover: 3.5x Current ratio: 1.7x 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 answer to the nearest cent. Balance Sheet Cash Current liabilities Accounts receivable Long-term debt 75,000 Inventories Common stock Fixed assets 93.750 Retained earnings Total liabilities and equity Total assets $375,000 Sales Cost of goods sold

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