Please answer the following questions:

Problem #4)

Inventory Analysis A company reports the following: Cost of goods sold $435,000 Average inventory 72,500 Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Round interim calculations to the nearest dollar and nal answers to one decimal place. Assume 365 days a year. a. Inventory turnover C] :1 b. Number of days' sales in inventory days Long-Term Solvency Analysis The following information was taken from Charu Company's balance sheet: Fixed assets (net) $860,000 Long-term liabilities 200,000 Total liabilities 600,000 Total stockholders' equity 250,000 Determine the company's (a) ratio of fixed assets to longterm liabilities and (b) ratio of liabilities to stockholders' equity. If required, round your answers to one decimal place. a. Ratio of xed assets to long-term liabilities :] b. Ratio of liabilities to stockholders' equity Times interest earned A company reports the following: Income before income tax $8,000,000 Interest expense 500,000 Determine the number of times interest charges are earned. Round your answer to one decimal place. :1