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Selected Information from the Comparative Financial Statements of Fryman Company

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Essay

Selected information from the comparative financial statements of Fryman Company for the year ended December 31, appears below: Selected information from the comparative financial statements of Fryman Company for the year ended December 31, appears below:    Instructions Answer the following questions relating to the year ended December 31, 2011. Show computations. 1. Inventory turnover for 2011 is __________. 2. Times interest earned in 2011 is __________. 3. The debt to total assets ratio for 2011 is __________. 4. Receivables turnover for 2011 is __________. 5. Return on assets for 2011 is __________.
Instructions
Answer the following questions relating to the year ended December 31, 2011. Show computations.
1. Inventory turnover for 2011 is __________.
2. Times interest earned in 2011 is __________.
3. The debt to total assets ratio for 2011 is __________.
4. Receivables turnover for 2011 is __________.
5. Return on assets for 2011 is __________.


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