COMPLETE THE BALANCE SHEET FIGURES (balance sheet should balance) 32,720 25,000 (In Pesos) Annual Credit Sales Gross Profit Margin Inventory Turnover No. of days in a year Average Collection Period Current Ratio Total Asset Turnover Ratio Debt ratio 1,800,000 Cash 25% Marketable Sec. 6 Accounts Receivable 365 Inventories 45 days Total Current Assets 1.6 Net Fixed Assets 1.2 Total Assets 60% Accounts Payable Notes Payable Accruals Total Current Liabilities Long Term Debt Stockholders' Equity Total Liab. And Equity 120,000 20,000 Gross Profit * all sales are on credit