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2. Complete the balance sheet and sales information of M/s. Stockiest using the following financial data: (Marks-2) Debt ratio: 40% Quick ratio: 0.35 times Total assets turnover: 1.95 times Receivable Tumover in days: 8 days (Calculation is based on a 360-day year.) Gross profit margin: 35% Inventory turnover ratio: 6.5 times BALANCE SHEET Cash Accounts payable Accounts receivable Long-term debt 70,000 Inventories Total Debt Total Current Assets Common stock Fixed assets Retained earings 60,000 Total assets Rs.400,000 Total liabilities and equity Rs. Sales Cost of goods sold