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Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.1 Days sales outstanding: 36.5 days a Inventory turnover ratio:
Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.1 Days sales outstanding: 36.5 daysa Inventory turnover ratio: 5 Fixed assets turnover: 3.0 Current ratio: 2.5 Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 25% aCalculation is based on a 365-day year. Do not round intermediate calculations. Round your answers to the nearest dollar.
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