11. Problem 4.22 (Balance Sheet Analysis) eBook Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.1% Days sales outstanding: 36.5 days Inventory turnover ratio: 3.75x Fixed assets turnover: 2.5x Current ratio: 2.0 x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales - 20% Calculation is based on a 365-day year. Do not round intermediate calculations. Round your answers to the nearest dollar. Balance Sheet Cash Current liabilities Accounts receivable Long-term debt Inventories Common stock Fixed assets Retained earnings Total assets $360,000 Total liabilities and equity Sales Cost of goods sold 54,000 126,000 $