Inventory Analysis A company reports the following: Cost of goods sold $372,300 Average inventory 74,460 Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume 365 days a year. a. Inventory turnover b. Number of days' sales in inventory days Times interest earned A company reports the following: Income before income tax $1,576,200 Interest expense 142,000 Determine the times interest earned ratio. If required, round the answer to one decimal place. Asset turnover A company reports the following: Sales 5560,000 Average total assets 400,000 Determine the asset turnover ratio. If required, round your answer to one decimal place