5. Selected information from th December 31, appears below e comparative financial statements of Fava Company for the year ended Accounts receivable (net) Inventory Total assets Current liabilities Long-term debt Net credit sales Cost of goods sold Interest expense Income tax expense Net income S 180,000 40,000 1,200,000 40,000 400,000 1,330,000 900,000 50,000 60,000 150,000 $200,000 160,000 800,000 110,000 300,000 700,000 530,000 25,000 29,000 85,000 Instructions Answer the following questions relating to the year ended December 31, 2016. Show computations. a. Inventory turnover for 2016 is b. Times interest earned in 2016 is c. The debt to assets ratio for 2016 is d. Accounts receivable turnover for 2016 is e. Return on assets for 2016 is