18. Problem 4.22 (Balance Sheet Analysis) eBook Problem Walk-Through Complete the balance sheet and sales information using the following finandal data: Total assets turnover: 1x Days sales outstanding: 73.0 days Inventory turnover ratio: 5x Fixed assets turnover: 3.0x Current ratio: 2.0x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales - 30% 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 $270,000 Total liabilities and equity Cost of goods sold $ 40,500 94,500 $ Sales Grade it Now Save & Continue Continue without saving