If inventory turnover is 8 times, and the average inventory was $400,000, the cost of goods sold during the year was $ and the days in inventory was days. (Round days in inventory answer to 1 decimal places, e.g. 52.5.) Current Attempt in Progress The ratio measures the percentage of earnings distributed in the form of cash dividends. eTextbook and Media Attempts: 0 of 3 used Current Attempt in Progress The lower the to ratio, the more equity "buffer" there is available to the creditors. eTextbook and Media Attempts: 0 of 3 used Times interest earned is calculated by dividing before and by interest expense. Discontinued operations refers to the disposal of a of a business. eTextbook and Media Attempts: 0 of 3 used is the most likely level of income to be obtained by a company in the future. eTextbook and Media Attempts: 0 of 3 used Stanton Corporation had net income for the year of $200,000 and a profit margin of 20%. If total average assets were $400,000, the asset turnover ratio was times. (Round asset turnover ratio answer to 1 decimal places, e.g. 52.5.) Other includes all changes in stockholders' equity during a period except changes resulting from investments by stockholders and distributions to stockholders. eTextbook and Media Attempts: 0 of 3 used The accounts receivable turnover is calculated by dividing by average eTextbook and Media