Complete the following balance sheet using the information given. Round account balances to the nearest dollar. Balance Sheet Income Statement Cash Accounts receivable Inventory Net fixed assets Total assets Sales (All Credit) Cost of goods sold Operating expenses Interest expense Taxes Net income $16,000 11,000 1,000 2001 1,000 $2,800 $20,000 $1,000 Accounts payable Short-term notes payable Long-term debt Common stock Retained earnings Total Liabilities and equity $1,500 Ratios: Operating Profit Margin = Return on Equity = Quick Ratio = Fixed Asset Turnover = Current Ratio = Days Sales Outstanding = 25% 20% 31.93751 2 5