The following is the financial information of a firm: Total Assets (Including Preliminary Expenses) Opening Inventory Closing Inventory Days in a year Gross Profit (20% of Sales) Average Collection Period Required: 1. Amount of Sales 2. Amount of Debtors 3. Total Asset Turnover Ratio 4. Inventory Turnover Ratio Rs. 2,40,000 Rs. 80,000 Rs. 40,000 360 days Rs. 120,000 36 days