Total assets turnover: 1.2x Days sales outstanding: 42 days Inventory turnover ratio: 7% Fixed assets turnover: 3.5x Current ratio: 1.8x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales - 35% Calculation is based on a 365-day year. Do not round intermediate calculations. Round your answers to the nearest cent. Balance Sheet Cash $ Current liabilities Accounts receivable Inventories Long-term debt 50,000 Common stock Fixed assets 70,000 Retained earnings Total liabilities and equity Total assets $200,000 Sales $ Cost of goods sold $