Total assets turnover: 1.4 Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 29% Total liabilities-to-assets ratio: 55% Quick ratio: 1.20 Days sales outstanding (based on 365-day year): 30 days Inventory turnover ratio: 7.0

Partial Income	Statement Information
Sales	$
Cost of goods sold	$

Balance Sheet

Cash	$	Accounts payable	$
Accounts receivable	$	Long-term debt	$ 50,000
Inventories	$	Common stock	$
Fixed assets	$	Retained earnings	$ 100,000
Total assets	$ 400,000	Total liabilities and equity	$