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$ Accounts receivable (net) Inventory Total assets Current liabilities Long-term debt Net credit sales Cost of goods sold Interest expense Income tax expense Net income
$ Accounts receivable (net) Inventory Total assets Current liabilities Long-term debt Net credit sales Cost of goods sold Interest expense Income tax expense Net income Net cash provided by operating activities 2017 175,000 130,000 1,100,000 140,000 410,000 900,000 600,000 40,000 60,000 120,000 250,000 2016 $200,000 170,000 800,000 110,000 300,000 700,000 530,000 25,000 29,000 85,000 135,000 Answer the following questions relating to the year ended December 31, 2017. (Round answers to 1 decimal place, e.g. 5.2 or 15.2%.) The inventory turnover for 2017 is times. 5.50 The number of times interest earned in 2017 is times. 4.80 The accounts receivable turnover for 2017 is times. The return on assets for 2017 is 12.63 - The current cash debt coverage for 2017 is times
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