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Consider the following information: . Asset Turnover: 1.5 DSO: 36.5 days Inventory Turnover: 5.0 Fixed Assets Turnover: 3.0 Current Ratio: 2.0 Gross Margin: 25% Total
Consider the following information: . Asset Turnover: 1.5 DSO: 36.5 days Inventory Turnover: 5.0 Fixed Assets Turnover: 3.0 Current Ratio: 2.0 Gross Margin: 25% Total Assets: 300k LT Debt: 60k Retained Earnings: 97.5 Calculate Sales $450,000 $425,000 $400,000 $375,000
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