From the above information, calculate the following for Year 2:From the above information, calculate the following for Year 2: Merchandise turnover (use one decimal place)?

Accounts receivable turnover (use one decimal place)?

Return on total assets (use a %)?

Times interest earned (use one decimal place)?

The following information is from Omar Corp balance sheets as of December 31, Years 2 and 1 and income statement for Year 2: 2 1 Assets: Cash Temporary investments Accounts receivable Inventory Prepaid insurance Long-term investments Equipment (net) Land Goodwill Total assets $ 18,000 25,000 38,000 61,000 6,000 49,000 130,000 33,000 55,000 $415,000 $ 22,000 -0- 42,000 52,000 9,000 20,000 130,000 33,000 55,000 $363,000 Net income Sales (all on credit) Cost of goods sold Interest expense Income tax expense $ 62,250 305,000 123,000 15,600 26,679