Inventory Analysis A company reports the following: Cost of goods sold Average inventory 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 $224,840 56,210 a. Inventory turnover days b. Number of days' sales in inventory Show Me How Calculator Long-Term Solvency Analysis The following information was taken from Acme Company's balance sheet: Fixed assets (net) Long-term liabilities Total liabilities Total stockholders' equity Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity. If required, round your answers to one decimal place. $1,167,400 49,000 1,414,350 1,571,500 a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity Show Me How Calculator Earnings per Share and Price-Earnings Ratio A company reports the following: Net income Preferred dividends Shares of common stock outstanding Market price per share of common stock $572,000 $32,000 90,000 $47.4 mine the company's earnings per share on common stock. Round your answer to the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if required. b. Determine the company's price-earnings ratio. Round to one decimal place