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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: 4 Fixed assets turnover: 3.0 Current ratio: 2.0 Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 15% aCalculation is based on a 365-day year.

Do not round intermediate calculations. Round your answers to the nearest dollar.

Balance Sheet
Cash A) $ ______? Current liabilities B) $______?
Accounts receivable C) ________? Long-term debt 90,000
Inventories D) ________? Common stock E) _______?
Fixed assets F) ________? Retained earnings 126,000
Total assets $360,000 Total liabilities and equity G) $______?
Sales H) $_______? Cost of goods sold I) $_______?

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