Complete the balance sheet and sales information in the table that follows for J. White Industries
(a). Total assets turnover 1.5
(b). Gross profit margin on sales (Sales-cost of good sold)/Sales = 25%
(c). total liabilities- to -asset ratio 40%
(d). quick ration 0.80
(e). Days' sales outstanding (based on 365 day year) 36.5 days
(f) Inventory turnover ratio 3.75

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Patrial Income Sales Cost of Goods Sold Statement Income Balance Sheet Cash Accounts Receivable Inventories Fixed assets Total assets Balance Sheet Informaiton Accounts payable Long-term Debt Common Stock Retained earnings Total Liabilites and quity 50,000 100,000 $400,000