Selected information from the comparative financial statements of Fryman Company for the ye ended December 31, appears below: 2005 $ 180,000 140,000 1,200,000 140,000 400,000 1,710,000 1,050,000 50,000 60,000 120,000 2004 $200,000 160,000 800,000 110,000 300,000 700,000 530,000 25,000 29,000 85,000 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 Instructions: Answer the following questions relating to the year ended December 31, 2005 2 1. Inventory turnover for 2005 is 2. Times interest earned in 2005 is 3. The debt to total assets ratio for 2005 is 4. Receivables turnover for 2005 is 5. Return on assets for 2005 is