(Pro forma balance sheet construction) Use the following industry-average ratios to construct a pro forma balance sheet for Karen's Beauty Products, Inc.: : Fill in the assets section of the pro forma balance sheet. (Round all items to the nearest dollar.) Cash Accounts receivable Inventories Net fixed assets Total assets Fill in the liabilities and common equity section of the pro forma balance sheet. (Round all items to the nearest dollar.) i Data Table Current liabilities Long-term debt Total liabilities Common equity Total liabilities and common equity (Click on the following icon in order to copy its contents into a spreadsheet.) Total asset turnover Average collection period (assume 365-day year) Fixed asset turnover Inventory turnover (based on cost of goods sold) Current ratio Sales (all on credit) Cost of goods sold Debt ratio 1.5 times 14 days 5 times 3 times 1.8 times $3,000,000 80% of sales 60% Print Done