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IV. Complete the balance sheet and sales information presented below for Sean Dominic Co below mpany, using the following ratios Cash Accounts Receivable Inventories Accounts

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IV. Complete the balance sheet and sales information presented below for Sean Dominic Co below mpany, using the following ratios Cash Accounts Receivable Inventories Accounts Payable Long-term debt 60,000 Total Liabilities Capital Stock Retained Earnings Total Current Assets Net Fixed Assets 97,500 Total Assets P 300,000 Total Liabilities and Stockholder's Equity Cost of Goods Sold Sales Financial data for 2017: 2. 3. 4. 5 6, 7. Total debts to total assets ratio was 50% Quick ratio was 0.80 Total asset turnover 1.5x There are 360 days in a year The average collection period was 36 days Gross profit margin was 25% Inventory turnover was 5x (use COGS instead of sales)

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