Essay
The following information is from Omega Corporation's balance sheets as of December 31,2013 and 2014 and its income statement for 2014:
From the above information,calculate the following ratios for 2014:
(a) Inventory turnover.
(b) Accounts receivable turnover.
(c) Return on total assets.
(d) Times interest earned.
(e) Total asset turnover.
Correct Answer:

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