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Selected information from the comparative financial statements of Trek Incorporated for the year ended December 31, appears below: 2020 2019 42,000 33,000 Accounts receivable Inventory

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Selected information from the comparative financial statements of Trek Incorporated for the year ended December 31, appears below: 2020 2019 42,000 33,000 Accounts receivable Inventory Total assets 112,000 101,000 319,000 295,000 Current liabilities 47,000 58,000 Non-current liabilities 123,000 131,000 647,000 662,000 388,000 384,000 Net credit sales Cost of goods sold Interest expense Income tax expense Profit 21,000 19,000 33,000 27,000 82,000 88,000 Instructions Instructions Answer the following questions relating to the year ended December 31, 2020. Show calculations. a) The inventory turnover for 2020 is b) The interest coverage in 2020 is c) The debt to total assets for 2020 is d) The receivables turnover for 2020 is e) The return on assets for 2020 is ***SHOW YOUR WORK FOR A CHANCE AT PARTIAL MARKS!***

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