Problem 3-35 (Algo) Using ratios to construct financial statements [LO3-2] The following information is from Harrelson Incorporated's, financial statements. Sales (all credit) were $28.80 million for last year. Sales to total assets Total debt to total assets Current ratio Inventory turnover Average collection period Fixed asset turnover Cash Accounts receivable Inventory Total current assets Complete the balance sheet: Note: Use a 360-day year. Do not round intermediate calculations. Input your answers in millions rounded to 2 decimal places. Fixed assets Total assets 1.60 times 45% 2.70 times 8 times. $ in millions 24 days 5 times Current debt Long-term debt Total debt Equity Total debt and stockholders' equity $ in millions

Problem 3-35 (Algo) Using ratios to construct financial statements [LO3-2] The following information is from Harrelson Incorporated's, financial statements. Sales (all credit) were $28.80 million for last yeac. Complete the balance sheet: Note: Use a 360-day year. Do not round intermediate calculations. Input your answers in millions rounded to 2 decimal places