Question: Balance Sheet Analysis Balance Sheet Analysis Complete the balance sheet and sales information in the table that follows for J. White Industries using the following

Balance Sheet AnalysisBalance Sheet Analysis Balance Sheet Analysis Complete the balance sheet and sales

Balance Sheet Analysis Complete the balance sheet and sales information in the table that follows for J. White Industries using the following financial data: Total assets turnover: 1.4 Gross profit margin on sales: (Sales - Cost of goods sold) / Sales =25% Total liabilities-to-assets ratio: 45% Quick ratio: 1.00 Days' sales outstanding (based on 365-day year): 36.5 days Inventory turnover ratio: 3.75 Do not round intermediate calculations. Round your answers to the nearest whole dollar

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