C1 Selected information from the comparative financial statements of Snow Company for the year ended December 31, appears below: ISK3, AR2: 5 marks] 2017 $300,000 240,000 2018 Accounts receivable (net) Inventory Total assets $270,000 210,000 1,800,000 210,000 1,200,000 165,000 450,000 1,050,000 795,000 Current liabilities Long-term debt Net credit sales Cost of goods sold Interest expense Income tax expense Net income 600,000 1,995,000 1,350,000 75,000 37,500 43,500 127,500 90,000 225,000 Required: Compute the following ratios at December 31, 2018: a. Times interest earned in 2018. b. Inventory turnover for 2018. c. Return on assets for 2018. d. Accounts receivable turnover for 2018. The debt to assets ratio for 2018. e