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Current ratio Accounts receivable turnover Asset turnover Inventory turnover Debt-equity ratio Times interest earned 2014 1.1 13 24 1.3 1.5 3.8 2015 1.15 12 23

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Current ratio Accounts receivable turnover Asset turnover Inventory turnover Debt-equity ratio Times interest earned 2014 1.1 13 24 1.3 1.5 3.8 2015 1.15 12 23 1.4 1.4 3.9 2016 1.2 11 22 1.5 1.3 4.0 Sales for the three years were $1 million, $1.2 million, and $1.4 million, respectively. Based on this information, answer the following questions: 1.1. Assuming that the total assets did not change during 2016, what is the total debt at the end of 2016

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