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Current ratio = 2.5 times Credit sales = $1,752m Average collection period = 50 days Inventory turnover = 1.60 times Total asset turnover = 0.75

Current ratio = 2.5 times Credit sales = $1,752m Average collection period = 50 days Inventory turnover = 1.60 times Total asset turnover = 0.75 times Debt ratio = 75%

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

Cash million
Accounts receivable __?__ million Current liabilities $630 million
Inventory __?__ million Long-term debt __?__ million
Current assets $0 million Total debt $630 million
Fixed assets __?__ million Stockholders equity __?__ million
Total assets $0 million Total liabilities and equity $630 million

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