You are given the following data on a company. Produce the balance sheet and income statement out of these data. Some explanations on ratios is given on the right Number of days in a year Collection period (days) Days' sales in cash days Inventory turnover (times) Payables period (days) Financial Debt to assets Cash& securities Inventories Total Assets OPEX to Sales Interest On debt Corporate Tax rate 360 71 Accounts Receivable/(Sales/## days in a year) 34 Cash & Securities/(Sales/# days in a year) 5 Cost of Sales/ Inventory 36 Accounts payable /Cost of Sales/ # days in a year) 75% 1.100 1.900 8.000 12% 9% 20% The Format of your financial statements should look like: Balance Sheet (x 000,000 TL) ASSETS Working Capital Accounts Receivable Fixed Assets Total Assets Inventories Accounts Payable Liabilities & Equity Net Debt Cash and Securities Financial Debt Shareholders' Equity Capital & retained earnings Period's Profit/loss Total Liabilities & SHE Income Statement (x 000,000 TL) Sales Cost of Sales Gross Profit General Sales & Administrative Expenses Operating Profit Interest Earning before Taxes Taxes Net Income You are given the following data on a company. Produce the balance sheet and income statement out of these data. Some explanations on ratios is given on the right Number of days in a year Collection period (days) Days' sales in cash days Inventory turnover (times) Payables period (days) Financial Debt to assets Cash& securities Inventories Total Assets OPEX to Sales Interest On debt Corporate Tax rate 360 71 Accounts Receivable/(Sales/## days in a year) 34 Cash & Securities/(Sales/# days in a year) 5 Cost of Sales/ Inventory 36 Accounts payable /Cost of Sales/ # days in a year) 75% 1.100 1.900 8.000 12% 9% 20% The Format of your financial statements should look like: Balance Sheet (x 000,000 TL) ASSETS Working Capital Accounts Receivable Fixed Assets Total Assets Inventories Accounts Payable Liabilities & Equity Net Debt Cash and Securities Financial Debt Shareholders' Equity Capital & retained earnings Period's Profit/loss Total Liabilities & SHE Income Statement (x 000,000 TL) Sales Cost of Sales Gross Profit General Sales & Administrative Expenses Operating Profit Interest Earning before Taxes Taxes Net Income