Football Manufacturing Ltd
Balance Sheet as at December 31 20xx
Liabilities	Amount	Assets	Amount
Equity		Net Fixed Assets
Long term debt	50,000	Inventory
Short term debt		Debtors
		Cash
TOTAL		TOTAL

Net Sales $100,000

Debtors turnover ratio (based on net sales) 2

Inventory turnover ratio 1.25

Fixed assets turnover ratio 0.8

Debt to assets ratio 0.6

Net profit margin 5%

Gross profit margin 25%

Return on investment 2%

Use the given information to fill out the balance sheet given above