Financial Data for Fedrekoko, Inc. (Unless otherwise noted, all data is for December 31, 2020) Number of shares outstanding Sales Gross profit margin Inventory turnover ratio Cash Net profit margin Return on assets Percent of sales for cash 60,000 $720,000 Cash Accounts receivable Inventory Net fixed assets Total assets 35% 5.0 $40,000 20% 20.0% 25% Average collection period (days) Accounts payable days Capital surplus Total dividends paid Accruals Quick ratio Debt ratio 18 Notes payable Accounts payable Accruals $142,100 $4,000 Long-term debt Common stock ($0.50par value) Capital surplus Retained eamings Total liab. & equity $16,000 Assume a 360-day year and assume that the only accounts on the balance sheet are those listed below. Fill in this chart with the data provided and then answer questions 48, 49 and 50. 2.0 NOTE: When you create the balance sheet associated with the data above, round all figures (if necessary) to the nearest whole dollar (i.e., to 0 decimal places). Be sure that your final balance sheet balances. 40% NOTE: When you create the balance sheet associated with the data above, round all figures (if necesse nearest whole dollar (i.e., to 0 decimal places). Be sure that your final balance sheet balances. Cash Accounts receivable Inventory Net fixed assets Total assets 48. Current assets= 49. Long-term debt = 50. Total assets= Notes payable Accounts payable Accruals Long-term debt Common stock ($0.50par value) Capital surplus Retained earnings Total liab. & equity