From the given income statement and additional information of Cunningham Co., compute the following:

a. Asset turnover for 2016

b. Inventory turnover for 2016

c. Accounts receivable turnover for 2016

Net Sales Cost of Goods Sold Gross Profit Operating Expenses (includes taxes) Net Income 2016 $820,000 712,000 $108,000 2015 $700,000 504,000 $196,000 169,000 27,000 2015 75,000 2016 64,000 93,000 25,000 64,000 Year-End Accounts Receivable Year-End Inventory All sales were on credit Total Assets 280,000 165,000