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Current ratio = 2.2 times Credit sales = $1,095m Average collection period = 70 days Inventory turnover = 1.50 times Total asset turnover = 0.50

Current ratio = 2.2 times
Credit sales = $1,095m
Average collection period = 70 days
Inventory turnover = 1.50 times
Total asset turnover = 0.50 times
Debt ratio = 70%

Use the above information to complete the balance sheet below. (Enter your answer in millions. Round your answers to the nearest whole million. Use 365 days a year.)

Cash $ m
Accounts receivable m Current liabilities $ 620 m
Inventory m Long-term debt m
Current assets $ m Total debt $ m
Fixed assets m Stockholders equity m
Total assets $ m Total liabilities and equity $ m

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