Attempt Keep the Highest / 15 11. Problem 4.22 (Balance Sheet Analysis) LO eBook Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.2x Days sales outstanding: 36.5 days Inventory turnover ratio: 4.25x Fixed assets turnover: 3.0x Current ratio: 2.5x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 15% Calculation is based on a 365-day year. $ Do not round intermediate calculations. Round your answers to the nearest dollar. Balance Sheet Current liabilities Long-term debt Inventories Common stock Retained earnings $360,000 Total liabilities and equity Cost of goods sold $ Cash Accounts receivable 54,000 108,000 Fixed assets Total assets Sales $ $ 5 Grade it Now Save & Continue Continue without saving