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Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1x Days sales outstanding: 73.0 days Inventory turnover ratio: 3.75%

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Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1x Days sales outstanding: 73.0 days Inventory turnover ratio: 3.75% Fixed assets tumover: 2.5x Current ratio: 2.0X Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 25% Calculation is based on a 365-day year, Do not round intermediate calculations. Round your answers to the nearest dollar Cash Accounts receivable Inventories Fixed assets Total assets Sales Balance Sheet Current liabilities Long-term debt Common stock Retained earnings $240,000 Total liabilities and equity Cost of goods sold 60,000 72,000

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