Ch U4! Ena-OT-Chapter Problems - Analysis OT Financial Statements BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.1x Days sales outstanding: 30 daysa Inventory turnover ratio: 6x Fixed assets turnover: 3x Current ratio: 2.3x 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 answer to the nearest cent. Balance Sheet Cash Current liabilities $ Accounts receivable Long-term debt 60,000 Inventories Common stock Fixed assets Retained earnings 75,000 Total assets $300,000 Total liabilities and equity Sales Cost of goods sold u