Selected information from the comparative financial statements of Barcelona Company for the year ended December 31 appears below:
Instructions
Answer the following questions relating to the year ended December 31, 2017. Show computations.
1. The inventory turnover for 2017 is __________.
2. The number of times interest earned in 2017 is __________.
3. The accounts receivable turnover for 2017 is __________.
4. The return on assets for 2017 is __________.

Question

Selected information from the comparative financial statements of Barcelona Company for the year ended December 31 appears below:  
Instructions
Answer the following questions relating to the year ended December 31, 2017. Show computations.
1. The inventory turnover for 2017 is __________.
2. The number of times interest earned in 2017 is __________.
3. The accounts receivable turnover for 2017 is __________.
4. The return on assets for 2017 is __________.

Quizplus · Accepted Answer

The Answer of Selected information from the comparative financial statements of Barcelona Company for the year ended December 31 appears below:  
Instructions
Answer the following questions relating to the year ended December 31, 2017. Show computations.
1. The inventory turnover for 2017 is __________.
2. The number of times interest earned in 2017 is __________.
3. The accounts receivable turnover for 2017 is __________.
4. The return on assets for 2017 is __________.

Selected Information from the Comparative Financial Statements of Barcelona Company