Morris Corporation has the following information on its balance sheets: Cash = $40, accounts receivable = $30, inventories = $100, net fixed assets 5 $500, accounts payable = $20, accruals = $10, short-term debt (matures in less than a year) = $25, long-term debt 5 $200, and total common equity 5 $415. Its income statement reports: Sales = $820, costs of goods sold (excluding depreciation) = $450, depreciation = $50, interest expense = $20, and tax rate = 40%. Calculate the following ratios: total assets turnover (1.2), fixed assets turnover (1.6), days sales outstanding

(based on a 365-day year) (13.4), inventory turnover (5.0).