Harmony Corporation reported these figures: B: (Click the icon to view the balance sheet.) B (Click the icon to view the income statement.) Harmony Corporation has 3,200,000 shares of common stock outstanding. Its stock has traded recently at $27.00 per share. You would like to gain a better understanding of Harmony Corporation's financial position. Assume all sales are on credit. Read the requirement. a. Inventory turnover Enter the formula on the first line, then calculate the inventory turnover on the next line. (Enter amounts in thousands as provided to you in the problem statement. Round your answer to one decimal place.) = Inventory turnover Harmony Corporation Income Statement For the Year Ended December 31, 2017 (amounts in thousands) 2017 Sales revenue $ 14,235 4,350 $ Less: Cost of goods sold Gross profit Less: Operating expenses Operating income 9,885 885 $ 9,000 400 Less: Interest expense Income before income taxes $ 8,600 6,200 Less: Income tax expense $ 2,400 Net income Calculate the following ratios for 2017 and interpret the results: a. Inventory turnover b. Days' sales in receivables c. Acid-test ratio d. Times-interest-earned e. Gross profit percentage f. Operating income percentage g. Return on stockholders' equity h. Earnings per share i. Price/earnings ratio