Net sales Cost of goods sold Average accounts receivable for the year Accounts receivable at year-end Average inventory for the year Inventory at year-end $1,003,750 638,750 42,700 23,400 206,000 150,400 Required: a. Calculate the inventory turnover for 2019. (Round your answer to 2 decimal places.) b. Calculate the number of days' sales in inventory for 2019, using year-end inventories. (Use 365 days a year. Round your answer to 1 decimal place.) c. Calculate the accounts receivable turnover for 2019. (Round your answer to 1 decimal place.) d. Calculate the number of days' sales in accounts receivable for 2019, using year-end accounts receivable. (Use 365 days a year. Round your answer to 1 decimal place.) 1 times a. Inventory turnover b. Number of days' sales in Inventory Accounts receivable turnover d. Number of days' sales in accounts receivable days times days 2 The following information was available for the year ended December 31, 2019: 2 points Sales Net income Average total assets Average total stockholders' equity Dividends per share Earnings per share Market price per share at year-end $530,000 77,260 840,000 385,000 1.37 3.00 28.80 eBook Hint Print References Required: a. Calculate margin, turnover, and ROI for the year ended December 31, 2019. b. Calculate ROE for the year ended December 31, 2019. c. Calculate the price/earnings ratio for 2019. d. Calculate the dividend payout ratio for 2019. e. Calculate the dividend yield for 2019. Req A Req B to E Calculate margin, turnover, and ROI for the year end answers to 2 decimal places.) % Margin Turnover es times 1 ROI % 2 Complete this question by entering your answe 2 points Reg A Req B to E eBook Hint b. Calculate ROE for the year ended December 31, 20 C. Calculate the price/earnings ratio for 2019. d. Calculate the dividend payout ratio for 2019. e. Calculate the dividend yield for 2019. (For all requirements, round your answer to 2 decimal Print References % C b. ROE Price/Earning ratio d. Dividend payout ratio Dividend yield % e. % 3 The following Information was available for the year ended December 31, 2019: 2 points Earnings before interest and taxes (operating income) Interest expense Income tax expense Net income Total assets at year-end Total liabilities at year-end $ 90,000 20,000 25,000 45,000 300,000 160,000 eBook Hint Print References Required: a. Calculate the debt ratio at December 31, 2019. (Round your answer to 1 decimal place.) b. Calculate the debt/equity ratio at December 31, 2019. (Round your answer to 2 decimal places.) c. Calculate the times interest earned for the year ended December 31, 2019. (Round your answer to 2 decimal places.) % a Debt ratio b. Debt/Equity ratio c. Times interest earned times times