MIDTERM PART 2 NAME: INSTRUCTIONS: USE THIS FORM AND PLACE ALL EMBEDDED FORMULAS IN THE APPROPRIATE BLUE CELL. RETURN TO ME VIA EMAIL. The XYZ Widget Company has sales of $1,200,000. Given the following ratios, fill in the balance sheet Total Assets Tiurnover Cash to Total Assets 2.40 2.0% Times Accounts Receivable Turnover 8.00 Times Inventory Turnover 10.00 Times Current Ratio 2.00 Times Debt to Total Assets 61.0% XYZ WIDGET COMPANY ASSETS Cash Accounts Receivable Inventory Total Current Assets Fixed Assets TOTAL ASSETS 1,200,000 TOTAL SALES LIABILITIES & SHAREHOLDER'S EQUITY Current debt Long-term Debt Total Debt Equity 0 TOTAL LIAB & SH EQUITY 0