SHOW ME NOW 62,500 BE 14-5 Inventory analysis Obj. 3 A company reports the following: Cost of goods sold $500,000 Average inventory Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Round to one decimal place. BE 14-6 Long-term solvency analysis Obj. 4 The following information was taken from Charu Company's balance sheet: Fixed assets (net) $910,000 Long-term liabilities 260,000 Total liabilities Total stockholders' equity 320,000 Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity. Round to one decimal place. SHOW ME 800,000