Question: 7. Problem 4.22 (Balance Sheet Analysis) Complete the balance sheet and sales information using the following financial data Total assets turnover: 1.4x Days sales outstanding:
7. Problem 4.22 (Balance Sheet Analysis) Complete the balance sheet and sales information using the following financial data Total assets turnover: 1.4x Days sales outstanding: 36.5 days Inventory turnover ratio: 5x Fxed assets turnover: 2.5x Current ratio: 2.0x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales =35% "Calculation is based on a 365 -day year. Do not round intermediate calculations. Round your answers to the nearest dollar
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