The Following Information Is from Omega Corporation's Balance Sheets as of December

question 89

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.

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Definitions:

Tactile Corpuscles

Specialized nerve endings found in the dermal papillae of the skin, sensitive to light touch and texture changes.

Sensory Neurons

Neurons that transform environmental signals from outside the organism into internal electrical signals.

Receptive Fields

The specific area or region in the sensory space in which the stimulation can lead to the response of a specific sensory neuron.

Mechanoreceptors

Sensory receptors in the skin and other body tissues that respond to mechanical pressure or distortion, involved in sensations such as touch and sound.