Receivables 336.000 Notes payable 84,000 Inventones 241 500 Other current liabilities 117,000 Total current assets $655.000 Total current liabilities $330,000 Net fixed assets 292 500 Long-term debt 256,500 Common equity 361,000 Total assets $947.500 Total liabilities and equity $947,500 Campsey Computer Company. Income Statement for Year Ended December 31 Sales $1,607,500 Cost of goods sold (1,353,000) Gross profit $ 254,500 Fixed operating expenses except depreciation (143,000) Earnings before interest, taxes, depreciation, and amortization (EBITDA) $ 111,500 Depreciation C 41,500) Earnings before interest and taxes (EBIT) $ 70,000 Interest 24.500) Earnings before taxes (EBT) $ 45,500 Taxes (40%%) ( 18,200) Net income $ 27,300 Ratio Campsey Industry Average Current ratio 2.0x Days sales outstanding 35.0 days Inventory turnover 5.6x Total assets turnover 3.0x Net profit margin 1.2% Return on assets (ROA) 3.6% Return on equity (ROE) 9.0% Debt ratio 60.0%