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hi can you help me Calculate the following ratios for Year 2 . ( a ) Inventory turnover. ( b ) Accounts receivable turnover. (
hi can you help me Calculate the following ratios
for Year
a Inventory turnover.
b Accounts receivable turnover.
c Return on total assets.
d Times interest earned.
e Total asset turnover.
Year Year
Assets:
Cash $ $
Marketable securities
Accounts receivable
Inventory
Prepaid insurance
Longterm investments
Plant assets, net
Total assets $ $
Net income after interest expense and
taxes
$
Sales all on credit
Cost of goods sold
Interest expense
Income tax expense
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