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Question 3 [ 3 0 ] . Use the following information to complete the balance sheet below. a . Collection period: 4 0 days b

Question 3[30]. Use the following information to complete the balance sheet below.
a. Collection period: 40 days
b. Inventory turnover: 6 times sales
c. Working capital requirement/sales: 20 percent
d. Liabilities/total assets: 60 percent
e. Cash in days of sales: 20 days
f. Short-term debt: 10 percent of total financial debt
Assume a 360-day year.
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