Question: Please answer the question in its entirety, and clearly label what is what. 13. Problem 4.22 (Balance Sheet Analysis) 3 eBook Complete the balance sheet

Please answer the question in its entirety, and clearly label what is what. Please answer the question in its entirety, and clearly label what is

13. Problem 4.22 (Balance Sheet Analysis) 3 eBook Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1x Days sales outstanding: 73.0 daysa Inventory turnover ratio: 3.75x Fixed assets turnover: 3.0x Current ratio: 2.0x 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. $ $ 48,000 Cash Accounts receivable Inventories Fixed assets Total assets Balance Sheet Current liabilities Long-term debt Common stock Retained earnings $240,000 Total liabilities and equity Cost of goods sold 60,000 $ Sales $ $

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