13. Selected information from the comparative financial statements of Foster Company for the year ended December 31, appears below: 2015 2014 Accounts receivable (net) $ 180,000 $200,000 Inventory 140,000 160,000 Total assets 1,200,000 800,000 Current liabilities 140,000 110,000 Long-term debt 400,000 300,000 Net credit sales 1,330,000 700,000 Cost of goods sold 900,000 530,000 Interest expense 50,000 25,000 Income tax expense 60,000 29,000 Net income 150,000 85,000 Instructions Answer the following questions relating to the year ended December 31, 2015. Show computations. Accounts receivable turnover for 2015 is __________. Return on assets for 2015 is __________. (Check Figures: Accounts Receivable Turnover = 7 times, Return on Assets = 15%)