2014 2013 2014 2013 Cash and Cash Equivalents 12,250 128,980 Total Assets 113,110 10,470 8,055 Receivables 9,065 6,620 5,300 42,335 8,545 10,600 18,960 Inventory Prepaid Expenses Total Curent Assets Other Assets Total current liabilities 36,150 Long-term Liabilities 23,990 Mercedes Aldana, Capital 68,840 Total Liabilities and Equity 128,980 36,480 34,425 51,815 113,110 92,500 78,685 2014 104,705 32,275 69,430 Sales Cost of Sales Gross Profit Selling Expenses Administrative Expenses Operating Income Interest Expense Net Income 35,325 12,815 21,290 1,050 20,240 | 1. During 2014, Merdana Trading Ltd.'s days' sales in receivables ratio was amounts rounded) a) 34 days b) 30 days c) 32 days d) 28 days 2. Which measure expresses Merdana Trading Ltd.'s times-interest-earned ratio? (amounts rounded) a) 54.7% b) 20 times d) 34 times d) 32 times