... Moderate Relaxed Current assets (% of sales × Sales) $ 900,000 $1,000,000 $1,200,000Fixed assets 1,000,000 1,000,000 1,000,000Total assets $1,900,000 $2,000,000 $2,200,000Debt (60% of assets) $1,140,000 ... firm's current assets equal $148,750 ($35,750 + $47,000 + $66,000). Therefore, for its current ratio to increase to 2.0, it must reduce accounts payable to a level such that current liabilities ... days.b. Total assets = Inventory + Receivables + Fixed assets = $150,000/6 + [($150,000/365) × 36.5] + $35,000 = $25,000 + $15,000 + $35,000 = $75,000.Total assets turnover = Sales/Total assets ...