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 daysa
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.