From the given income statement and additional information of Carlos Co., compute the following:
a. Asset turnover for 2013
b. Inventory turnover for 2013
c. Accounts receivable turnover for2013

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Net Sales Cost of Goods Sold Gross Profit Operating Expenses (includes taxes) Net Income 2013 $600,000 200,000 5400,000 100,000 300,000 2012 S500,000 250,000 $250,000 150,000 S100,000 Additional Data 2013 $120,000 60,000 2012 Year-End Accounts Receivable Year-End Inventory All sales were on credit S 40,000 40,000 Total Assets 300,000 100,000