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Total assets turnover: 1.2x Days sales outstanding: 41.5 daysa Inventory turnover ratio: 3x Fixed assets turnover: 3.5x Current ratio: 2.5x Gross profit margin on sales:

Total assets turnover: 1.2x Days sales outstanding: 41.5 daysa Inventory turnover ratio: 3x Fixed assets turnover: 3.5x Current ratio: 2.5x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 25% 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 45,000

Inventories Common stock

Fixed assets Retained earnings 78,750

Total assets $225,000

Total liabilities and equity $

Sales $

Cost of goods sold $

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