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Total assets turnover: 1.1x Days sales outstanding: 41 days a Inventory turnover ratio: 5x Fixed assets turnover: 3x Current ratio: 2.1x Gross profit margin on

Total assets turnover: 1.1x Days sales outstanding: 41 daysa Inventory turnover ratio: 5x Fixed assets turnover: 3x Current ratio: 2.1x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 20% aCalculation is based on a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent.

Balance Sheet
Cash $ Current liabilities $
Accounts receivable Long-term debt 48,750
Inventories Common stock
Fixed assets Retained earnings 113,750
Total assets $325,000 Total liabilities and equity $
Sales $ Cost of goods sold $

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