balance sheet analysis complete the balance sheet and sales information using the fo 1549760

BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data:

Total assets turnover: 1.5×

Days sales outstanding: 36.5 days^a

Inventory turnover ratio: 5×

Fixed assets turnover: 3.0×

Current ratio: 2.0×

Gross profit margin on sales: (Sales − Cost of goods sold)/Sales = 25%

^a Calculation is based on a 365-day year.