Selected information from the comparative financial statements of Fava Company for the year ended December 31, appears below:

Instructions
Answer the following questions relating to the year ended December 31, 2017. Show computations.
1.Inventory turnover for 2017 is __________.
2.Times interest earned in 2017 is __________.
3.The debt to total assets ratio for 2017 is __________.
4.Receivables turnover for 2017 is __________.
5.Return on assets for 2017 is __________.

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2017 2016 $200,000 160,000 800,000 Accounts receivable (net) Inventory Total assets Current liabilities $ 180,000 140,000 1,200,000 140,000 400,000 1,330,000 Long-term debt 300,000 700,000 530,000 Net credit sales Cost of goods sold 900,000 Interest expense Income tax expense Net income 50,000 60,000 25,000 29,000 150,000 85,000