12.what is the inventory turnover?

13.what is the average sale period?

14.what is the time interest earned ratio?

15.what is the debt -to-equity ratio at the end of this year?

Ending Balance $35,000 $60,000 $55,000 $150,000 $450,000 $60,000 $130,000 $120,000 $320,000 $450,000 Beginning Balance $30,000 $50,000 $60,000 $140,000 $460,000 $40,000 $120,000 $120,000 $340,000 $460,000 Accounts Cash Accounts Receivable Inventory Current Assets Total Assets Current Liabilities Total Liabilities Common Stock $1 Par Value Total Stockholders' Equity Total Liabilities and Stockholders' Equity Accounts This Year Sales (All on Account) Cost of Goods Sold Gross Margin Net Operating Income Interest Expense Net Income $700,000 $400,000 $300,000 $140,000 $8,000 $92,400