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Selected Information from the Comparative Financial Statements of Wong Inc

Question 142

Essay

Selected information from the comparative financial statements of Wong Inc. for the year ended December 31, appears below: Selected information from the comparative financial statements of Wong Inc. for the year ended December 31, appears below:    Instructions Answer the following questions relating to the year ended December 31, 2014. Show calculations.  a. The inventory turnover for 2014 is __________. b. The interest coverage in 2014 is __________. c. The debt to total assets for 2014 is __________. d. The receivables turnover for 2014 is __________. e. The return on assets for 2014 is __________.
Instructions
Answer the following questions relating to the year ended December 31, 2014. Show calculations.
a. The inventory turnover for 2014 is __________.
b. The interest coverage in 2014 is __________.
c. The debt to total assets for 2014 is __________.
d. The receivables turnover for 2014 is __________.
e. The return on assets for 2014 is __________.

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