Question: Complete the following balance sheet using the given information: Debt ratio = 40%. Total assets turnover = 1.8, current ratio = 2.1, DSO = 20

Complete the following balance sheet using the given information: Debt ratio = 40%. Total assets turnover = 1.8, current ratio = 2.1, DSO = 20 days, gross profit margin [(sales cost of goods sold)/sales] = 40%, Inventory turnover ratio 6 asumme is (365) days , longterm debt $90,000, total assets $400,000, retained earnings $102,500

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