Question: Please show your work. Complete the table below for White Industries using the following data: Debt ratio= 40% Quick ratio= 0.8 Total assets turnover= 1.5

Please show your work.

Complete the table below for White Industries using the following data:

Debt ratio= 40%

Quick ratio= 0.8

Total assets turnover= 1.5

Days sales outstanding= 36.5 (based on a 365 day year)

Gross profit margin= 25%

Inventory turnover= 5

Cash ? Accounts Payable ?

Accounts receivable ? Long-term debt 50,000

Inventories ? Common stock ?

Fixed assets ? Retained earnings 100,000

Total assets $400,000 Total liabilities and equity ?

Sales ? COGS ?

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