Question: help with hw S Problem 4.22 (Balance Sheet Analysis) eBook Complete the balance sheet and sales information using the following financial data: Total assets turnover:
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S Problem 4.22 (Balance Sheet Analysis) eBook Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.2x Days sales outstanding: 36.5 days Inventory turnover ratio: 4x Fixed assets turnover: 3.0x Current ratio: 2.5x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 30% 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 $ Accounts receivable Long-term debt 58,500 Inventories Common stock Fixed assets Retained earnings 136,500 Total assets $390,000 Total liabilities and equity $ Sales $ Cost of goods sold S
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