• Gross profit margin = 70%
• Inventory turnover ratio = 5 times
• Sales = $4,000
• Net profit margin = 5%
• Average collection period = 45 days
• Return on equity = 50%
• Return on assets = 20%
• Cash = $75
• Current ratio = 2.50 times
• Accounts payable days = 30 days

Note: Of total sales, 80 percent are on credit and the remainder are cash sales. Assume a 360-day year.

Cash__________Notes payable__________Accounts receivable__________Accounts payable__________Inventory__________Long-term debt__________Net fixed assets__________Equity__________Total assets__________Total liab. & equity__________QUESTION:

Cash = _____