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Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.2 Days sales outstanding: 36.5 daysa Inventory turnover ratio: 3.75

Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.2 Days sales outstanding: 36.5 daysa Inventory turnover ratio: 3.75 Fixed assets turnover: 3.0 Current ratio: 2.5 Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 30% aCalculation is based on a 365-day year. Do not round intermediate calculations. Round your answers to the nearest dollar. Balance Sheet Cash $ Current liabilities $ Accounts receivable Long-term debt 67,500 Inventories Common stock Fixed assets Retained earnings 67,500 Total assets $270,000 Total liabilities and equity $ Sales $ Cost of goods sold $

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