TEW COMPANY Balance Sheet As of December 31 ASSETS Cash Accounts receivable Inventory Net plant and equipment $20,000 50,000 $400,000 otal assets LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable Accrued expenses Long-term debt Common stocK 130,000 10,000 $400,000 Paid-in capital Retained earnings Total liabilities and stockholders equity or all on ost 7.Given the balance sheet and income above for the TEW Company Find: a. The firm's average collection period is(assume a 360-day calendar). b. The firm's inventory turnover ratio. c. The firm's fixed asset turnover ratio d. Total asset turnover rate e. Tew's quick ratio f. Tew's current ratio. g. The firm's debt to assets ratio h. Fixed charge coverage for Tew Company i. Times interest earned for Tew Company