Balance Sheet Analysis

$\backslash$table$[[$Total assets turnover,$1\mathrm{.}40],[$Gross profit margin on sales,$23\mathrm{.}00\%],[$Total liabilities$-$to$-$assets ratio,$45\mathrm{.}00\%],[$Quick ratio,$1\mathrm{.}20],[$Days sales outstanding,$38\mathrm{.}00],[$Inventory turnover ratio,$6\mathrm{.}00],[$Total assets,$$400,000],[$Long$-$term debt,$50,000],[1$ Retained earnings,$100,000],[$Number of days in year,$365]]$

Financial Statements

Formulas

Partial Income:

Sales

Cost of good sold

$\backslash$table$[[$$$560,000$