(Proforma balance sheet construction) Use the following industry-average ratios to construct a pro forma balance sheet for Karen's Beauty Products, Inc.: Fall in the assets section of the pro forma balance sheet. (Round all items Data Table - Cash Accounts receivable Inventories Net fixed assets $ 835616 164384 1000000 666667 $2666667 (Click on the following icon in order to copy its contents into a spreadsheet.) Total assets Fill in the abilities and common equity section of the proforma balance sh Current liabilities Long-term debt Total abilities Common equity Total liabilities and common equity 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 15 days 6 times 3 times 1.9 times $4,000,000 75% of sales 40% $ Print Done Enter your answer in the edit fields and then click Check Answer. All parts showing Clear All MacBook Pro ESC G Search or type URL $ @ 2 % 5 & 3 4