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Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.1 x Days sales outstanding: 36.5 daysa Inventory turnover ratio:

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Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.1 x Days sales outstanding: 36.5 daysa Inventory turnover ratio: 5x Fixed assets turnover: 2.5x Current ratio: 2.0 Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 15% Calculation is based on a 365-day year Do not round intermediate calculations. Round your answers to the nearest dollar. Balance Sheet Cash $ 52,500 Accounts receivable Inventories Fixed assets Total assets Sales Current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity Cost of goods sold 52,500 $210,000 $ $

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