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Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.5x Days sales outstanding: 36.5 days Inventory turnover ratio: 4x

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Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.5x Days sales outstanding: 36.5 days Inventory turnover ratio: 4x Fixed assets turnover: 2.5x Current ratio: 2.0x Gross profit margin on sales: (Sales - Cost goods sold)/Sales - 35% "Calculation 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 Inventories Common stock Fixed assets Retained earnings Total assets $240,000 Total liabilities and equity Sales Cost of goods sold 48,000 72,000 $ $

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