Chapter 4 - EOC Questions (CNOW) Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.4 x Days sales outstanding: 36.5 days Inventory turnover ratio: 5x Fixed assets turnover: 2.5x Current ratio: 2.0 x 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 Cash Current liabilities 13020 46200 Accounts receivable Long-term debt 31,500 29400 Inventories Common stock 49980 58800 Fixed assets Retained earnings 23,500 117600 Type here to search e N OC Questions (CNOW) Do not round Intermediate calculations. Round your answers to the nearest dollar. Balance Sheet Cash $ Current liabilities 13020 46200 Accounts receivable Long-term debt 31,500 29400 Inventories Common stock 49980 58800 Fixed assets Retained earnings 73,500 117600 Total assets $210,000 Total liabilities and equity $ 210000 Sales Cost of goods sold 294000 249900 Hide Feedback re to search ORI e NP P3