BACK NEXT Question 10 WaterwayHardware Store had net credit sales of $9864000 and cost of goods sold of $5400000 for the year. Net accounts receivable at the beginning and end of the year were $600000 and $770000, respectively. The accounts receivable turnover was 12.8 times. O 14.4 times. 7.4 times. O 7.9 times. Click if you would like to Show Work for this question: Open Show Work Question 11 Coronado Company reported the following on its income statement: Income before income taxes $690000 Income tax expense 190000 Net income $500000 An analysis of the income statement revealed that interest expense was $60000. Coronado Company's times interest earned was 9.33 times 8.33 times 31.50 times Question 12 The debt to assets ratio measures O the company's profitability. whether interest can be paid on debt in the current year. O the proportion of interest paid relative to dividends paid. O the percentage of the total assets provided by creditors. CALCULATOR PRINTER VERSION