Self-Study Problem 4.04 d. Fixed asset turnover Blossom Supply Company Income Statement for the Fiscal Year Ended June 30, 2017($ thousands) Net sales Cost of goods sold Selling and administrative expenses Nonrecurring expenses Earnings before interest, taxes, depreciation, and amortization (EBITDA) Depreciation Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Taxes (35%) Net income e. Total debt ratio $2,110,000 1,454,000 315,000 27,400 $313,600 118,000 195,600 124,000 $71,600 25,060 $46,540 f. Debt-to-equity ratio g. Times-interest-eamed h. Cash coverage Blossom Supply Company Balance Sheet as of June 30, 2017($ thousands) Liabilities and Equity: Assets: Cash and marketable securities Accounts receivable Inventory Other current assets $820,000 119,000 42,400 $981,400 1,157,000 $2,138,400 1,314,000 851,800 $2,165,800 $4,304,200 $406,000 Accounts payable 713,000 1,161,000 42,200 Notes payable Accrued income taxes Total current liabilities Total current assets 2,322,200 Long-term debt Net plant and equipment 1,982,000 Total liabilities Common stock Retained eanings Total common equity Total assets $4,304,200 Total liabilities and equity Refer to the balance sheet and income statement for Blossom Supply Com pany for the year ended June 30, 2017. Calculate the following ra- tios: (Round Days' sales outstanding and Times-interest-earned to 1 deci- mal place, e.g 12.5, Total debt ratio and Debt-to-equity ratio to 3 decimal places, e.g. 12.557 and all other answers to 2 decimal places, e.g. 12.55. Use 365 days for calculation.) a. Inventory turnover b. Days' sales outstanding days c. Total asset turnover