Question: eBook Complete the balance sheet and sales information using the following financial data: Total assets tumover: 1 . 2 x Days sales outstanding: 3 6

eBook
Complete the balance sheet and sales information using the following financial data:
Total assets tumover: 1.2x
Days sales outstanding: 36.5 days ?a
Inventory turnover ratio: 3.75x
Fixed assets tumover: 2.5x
Current ratio: 2.0x
Gross profit margin on sales: (Sales - Cost of goods sold)/Sales =30%
?a Calculation is based on a 365-day year.
Do not round intermediate calculations. Round your answers to the nearest dollar.
\table[[Balance Sheet],[?bar( Cash ),$,6,Current liabilities,$,3],[Accounts receivable,,6,Long-term debt,,72,000],[Inventories,,6,Common stock,,3],[Fixed assets,,6,Retained earnings,,90,000],[Total assets,,$360,000,Total liabilities and equity,$,3],[Sales,$,6,Cost of goods sold,$,v
 eBook Complete the balance sheet and sales information using the following

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