Selected information from the comparative financial statements of Larkspur Company for the year ended December 31, appears below: Accounts receivable (net) Inventory Total assets Current liabilities Long-term debt Net credit sales Cost of goods sold Interest expense Income tax expense Net income 2020 $188,000 146,000 1,350,000 145,500 435,000 1,940,000 1,395,000 52,500 54,450 208,050 2019 $200,000 164,000 840,000 110,000 300,000 770,000 635,000 25,000 28,300 84,000 Answer the following questions relating to the year ended December 31, 2020. (Round times interest earned answer to 1 decimal place, e.g. 52.7.) 1. 2. 3. 4. 5. Inventory turnover for 2020 is Times interest earned in 2020 is The debt to assets ratio for 2020 is Accounts receivable turnover for 2020 is Return on assets for 2020 is times times % times %