eBook 1 Problem Walk-Through Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1x Days sales outstanding: 36.5 days Inventory turnover ratio: 5x Fixed assets turnover: 3.0x Current ratio: 2.0x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 35% 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 60,000 Accounts receivable Inventories Long-term debt Common stock Fixed assets 90,000 Retained earnings Total liabilities and equity Total assets $300,000 Sales Cost of goods sold