Table 2.1 310.000 Balance Sheet Cole Eagan Enterprises December 31, 2003 Gach Accounts Pavable Accounts Receivable Notes Payable Inventory Acentas Total Current Assets Total Current tabletes Net Fred Assets Long-Term Debt Total Assets Stockholders Equity Total abilities & SE 1.000 Information 2005 values 1. Sales lolated $110,000 2. The gross profit margin was 25 percent. 3. Inventory turnover was 3.0 4. There are 360 days in the year 5. The average collection period was 65 days. 6. The current ratio was 2.40. 7. The total asset turnover was 1:13. 8. The debt ratio was 53.8 percent. Long-term debt for Cole Eagan Enterprises in 2005 was (See Table Seleccione una O B: $10,608 ee: $41,372 OED. $30,763