Balance sheet and income statement data indicate the following: Bonds payable, 10% (due in two years) $917,000 Preferred 5% stock, $100 par (no change during year) 263,500 Common stock, $50 par (no change during year) 1,880,800 Income before income tax for year 378,168 Income tax for year 81,437 Common dividends paid 94,040 Preferred dividends paid 13,175 Interest expense 91,700 Based on the data presented, what is the times interest earned ratio? Round your answer to two decimal places. O 5.12 O 0.41 03.12 2.42 Based on the following data, what is the accounts receivable turnover? Sales on account during year $421,322 217,788 Cost of goods sold during year Accounts receivable, beginning of year Accounts receivable, end of year 46,018 52,005 Inventory, beginning of year Inventory, end of year 82,464 115,132 O a. 8.6 Ob. 3.7 Oc. 1.9 Od. 9.2 The Putney Company reports the following information: Sales $76,500 Cost of direct materials used in production 7,300 Depreciation on factory equipment 4,700 Indirect labor 5,900 Direct labor 10,500 Factory rent 4,200 Factory utilities 1,200 Sales salaries expense 15,600 Office salaries expense 8,900 Indirect materials 1,200 a. Compute product costs. b. Compute period costs