Selected information from the comparative financial statements of Patrick Parker Inc. for the year ended December 31, appears below: Instructions
Answer the following questions relating to the year ended December 31, 2021. Show calculations.
a) The inventory turnover for 2021 is ______.
b) The interest coverage in 2021 is ______.
c) The debt to total assets for 2021 is ______.
d) The receivables turnover for 2021 is ______.
e) The return on assets for 2021 is ______.

Question

Selected information from the comparative financial statements of Patrick Parker Inc. for the year ended December 31, appears below:  Instructions
Answer the following questions relating to the year ended December 31, 2021. Show calculations. 
a) The inventory turnover for 2021 is ______.
b) The interest coverage in 2021 is ______.
c) The debt to total assets for 2021 is ______.
d) The receivables turnover for 2021 is ______.
e) The return on assets for 2021 is ______.

Quizplus · Accepted Answer

The Answer of Selected information from the comparative financial statements of Patrick Parker Inc. for the year ended December 31, appears below:  Instructions
Answer the following questions relating to the year ended December 31, 2021. Show calculations. 
a) The inventory turnover for 2021 is ______.
b) The interest coverage in 2021 is ______.
c) The debt to total assets for 2021 is ______.
d) The receivables turnover for 2021 is ______.
e) The return on assets for 2021 is ______.

Selected Information from the Comparative Financial Statements of Patrick Parker