Excel Online Activity: Balance Sheet Analysis Question 1 /10 Submit Excel UnIIne Structured Activity: Balance Sheet Analysis Consider the following financial data for J. White Industries: Total assets turnover: 2.3 Gross profit margin on sales: (Sales - Cost of goods sold)/Sales =30% Total liabilities-to-assets ratio: 45% Quick ratio: 1.00 Days sales outstanding (based on 365-day year): 37 days Inventory turnover ratio: 6.0 The data has been collected in the Microsoft Excel Online file below. Open Open spreadsheet Total liabilities-to-assets ratio: 45% Quick ratio: 1.00 Days sales outstanding (based on 365-day year): 37 days Inventory turnover ratio: 6.0 The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet Excel Online Activity: Balance Sheet Analysis Question 1 /10 Submit Excel UnIIne Structured Activity: Balance Sheet Analysis Consider the following financial data for J. White Industries: Total assets turnover: 2.3 Gross profit margin on sales: (Sales - Cost of goods sold)/Sales =30% Total liabilities-to-assets ratio: 45% Quick ratio: 1.00 Days sales outstanding (based on 365-day year): 37 days Inventory turnover ratio: 6.0 The data has been collected in the Microsoft Excel Online file below. Open Open spreadsheet Total liabilities-to-assets ratio: 45% Quick ratio: 1.00 Days sales outstanding (based on 365-day year): 37 days Inventory turnover ratio: 6.0 The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet