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Excerpts from TPX Company's December 31, 2015 and 2014, financial statements are presented below: 2015 2014 Accounts receivable $89,000 $65,000 Inventory 87,000 75,000 Net sales

Excerpts from TPX Company's December 31, 2015 and 2014, financial statements are presented below:

2015 2014
Accounts receivable $89,000 $65,000
Inventory 87,000 75,000
Net sales 480,000 379,000
Cost of goods sold 263,000 220,000
Total assets 845,000 785,000
Total stockholders' equity 505,000 430,000
Net income 77,000 53,000

Assuming all the sales are credit sales, what is TPX Company's 2015 receivables turnover? (Round your answer to 1 decimal place)

Excerpts from TPX Company's December 31, 2015 and 2014, financial statements are presented below:

2015 2014
Accounts receivable $84,000 $74,000
Inventory 88,000 74,000
Net sales 410,000 381,000
Cost of goods sold 261,000 226,000
Total assets 810,000 775,000
Total stockholders' equity 470,000 440,000
Net income 76,000 56,000

TPX Company's 2015 inventory turnover is (Round your answer to 1 decimal place):

Excerpts from TPX Company's December 31, 2015 and 2014, financial statements are presented below:

2015 2014
Accounts receivable $89,000 $80,000
Inventory 91,000 76,000
Net sales 480,000 381,000
Cost of goods sold 255,000 220,000
Total assets 840,000 770,000
Total stockholders' equity 520,000 415,000
Net income 71,000 51,000

TPX Company's 2015 debt to equity ratio is (Round your answer to 1 decimal place):

Excerpts from TPX Company's December 31, 2015 and 2014, financial statements are presented below:

2015 2014
Accounts receivable $87,000 $75,000
Inventory 90,000 81,000
Net sales 470,000 385,000
Cost of goods sold 258,000 223,000
Total assets 845,000 780,000
Total stockholders' equity 480,000 445,000
Net income 73,000 52,000

TPX Company's 2015 gross profit ratio is (Round your answer to 1 decimal place):

Excerpts from TPX Company's December 31, 2015 and 2014, financial statements are presented below:

2015 2014
Accounts receivable $88,000 $74,000
Inventory 88,000 77,000
Net sales 460,000 382,000
Cost of goods sold 257,000 221,000
Total assets 845,000 750,000
Total stockholders' equity 510,000 445,000
Net income 79,000 58,000

TPX Company's 2015 return on assets is (Round your answer to 1 decimal place):

Excerpts from TPX Company's December 31, 2015 and 2014, financial statements are presented below:

2015 2014
Accounts receivable $82,000 $82,000
Inventory 93,000 77,000
Net sales 430,000 377,000
Cost of goods sold 260,000 225,000
Total assets 815,000 770,000
Total stockholders' equity 505,000 440,000
Net income 75,000 53,000

TPX Company's 2015 profit margin is (Round your answer to 1 decimal place):

Recent financial statement data for Harmony Health Foods (HHF) Inc. is shown below.

Current liabilities $186 Income before interest and taxes $135
10% Bonds, long-term

365

Interest expense

48

Total liabilities

551

Income before tax 87
Shareholders' equity Income tax

32

Capital stock 212 Net income

$ 55

Retained earnings

283

Total shareholders' equity

495

Total liabilities and equity

$1,046

HHF's times interest earned ratio is (Round your answer to 2 decimal places):

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