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Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.3x Days sales outstanding: 73.0 daysa Inventory turnover ratio:
Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.3x Days sales outstanding: 73.0 daysa Inventory turnover ratio: 5x Fixed assets turnover: 3.0x Current ratio: 2.0x - Gross profit margin on sales: (Sales Cost of goods sold)/Sales = 35% aCalculation is based on a 365-day year. Do not round intermediate calculations. Round your answers to the nearest dollar. Balance Sheet * Current liabilities Long-term debt 40560 Common stock Cash $ 20160 Accounts receivable 62400.00 Inventories Fixed assets Total assets Sales 104000.00 $240,000 $ 312000.00 Retained earnings Total liabilities and equity Cost of goods sold SA
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