Question: eBook Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.4x Days sales outstanding: 36.5 daysa Inventory turnover ratio:

 eBook Complete the balance sheet and sales information using the following

eBook Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.4x Days sales outstanding: 36.5 daysa Inventory turnover ratio: 3.75% Fixed assets turnover: 3.0x Current ratio: 2.0x - Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 15% aCalculation is based on a 365-day year. Do not round intermediate calculations. Round your answers to the nearest dollar. Balance Sheet Cash $ $ Accounts receivable 36,000 Inventories Current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity Cost of goods sold Fixed assets 84,000 Total assets $240,000 $ Sales $

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