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Selected information from the comparative financial statements of Blue Company for the year ended December 31, appears below Accounts receivable Inventory Total assets Current liabilities

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Selected information from the comparative financial statements of Blue Company for the year ended December 31, appears below Accounts receivable Inventory Total assets Current liabilities Long-term debt Nel credit sales Cost of goods sold Interest expense Income tax expense Net Income 2020 $540,000 420,000 3,600,000 420.000 1,200,000 3,990,000 2,700,000 150,000 180.000 450,000 2019 $600,000 480,000 2,400,000 330,000 900,000 2,100.000 1,590,000 75.000 87,000 255,000 Required: Compute the following ratios on December 31, 2020 a. Inventory turnover for 2020 b. Accounts receivable turnover for 2020 c The debt to assets ratio for 2020 d. Return on assets for 2020 e. Times interest eamed in 2020 G Paragraph B7 E

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