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Current ratio = 2.2 times Credit sales = $1,095m Average collection period = 50 days Inventory turnover = 125 times Total asset turnover = 0.50

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Current ratio = 2.2 times Credit sales = $1,095m Average collection period = 50 days Inventory turnover = 125 times Total asset turnover = 0.50 times Debt ratio = 80% Use the above information to complete the balance sheet below. (Enter your answers in millions. Use 365 days a year.) million million $ Cash Accounts receivable Inventory Current assets Fixed assets Total assets million million Current liabilities Long-term debt Total debt Stockholders' equity Total liabilities and equity 650 million million million million million million million

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