Ratio analysis Use the following information to complete the balance sheet below

Ratio analysis Use the following information to complete the balance sheet below Use 365 day calendar Current ratio = 5 Current liabilities = 5 million Credit sales = 25 million Average collection period = 30 Inventory turns = 8 Total asset turns = .75 Debt ratio = 45%Week 1 (Textbook Assignment 1) Financial Statement Analysis (Chp 3)Ratio Analysis Use the following information to complete the balance sheet below. Hint: use 365 day calendar. Current ratio = 5 Current liabilities = 5 million Credit sales = 25 million Average collection period = 30 Inventory turnover = 8 Total asset turnover = .75 Debt ratio = 45%CashCurrent Liabilities5000000Accounts ReceivableLong-term DebtInventoryTotal DebtCurrent AssetsStockholders EquityFixed AssetsTotal AssetsTotal Liabilities & Equity