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Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.4 Days sales outstanding: 36.5 days a Inventory turnover ratio:
Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.4 Days sales outstanding: 36.5 days a Inventory turnover ratio: 3.75 Fixed assets turnover: 3.0x Current ratio: 2.0 Gross profit margin on sales: (Sales - Cost of goods sold) / Sales =30% a Calculation is based on a 365 -day year
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