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Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.3x Days sales outstanding: 36.5 days Inventory turnover ratio: 5x

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Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.3x Days sales outstanding: 36.5 days Inventory turnover ratio: 5x Fixed assets turnover: 3.0x Current ratio: 2.0x Gross profit margin on sales: (Sales Cost of goods sold)/Sales = 30% "Calculation is based on a 365-day year. Do not round intermediate calculations. Round your answers to the nearest dollar. Balance Sheet Cash Accounts receivable Inventories Fixed assets Total assets Sales $360,000 Current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity Cost of goods sold 90,000 126,000

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