Value uw Ratios Total Assets Turnover Fixed Assets Turnover DSO (Year is 360 days) Quick Ratio Return on Assets 12% ?? Total Assets Cash $ 1,000 A/R ?? Inventories Fixed Assets Total Assets $10,000 Total liabilities and equity Accounts payable Long-term debt $ 4,000 Common equity ?? Retained Earnings $ 1,750 Total liabilities and equity ?? ?? ?? Sales ?? 2. What is the sales level? (use the financial data above) * O $ 20,000 O $ 30,000 O $ 40,000 O $10,000 3. What is the fixed assets level? (use the financial data above) * O $5,000 O $3,000 O $ 6,000 O $8,000