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Excerpts from Stealth Company's December 31,2018 and 2017,financial Statements Are

question 51

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Excerpts from Stealth Company's December 31,2018 and 2017,financial statements are presented below: Stealth Company's 2018 inventory turnover is (rounded to two decimal places) :
20182017 Accounts receivable $40,000$36,000 Inventory 28,00036,000 Net sales 190,000186,000 Cost of goods sold 114,000108,000 Total assets 425,000405,000 Total stockholders’ equity 240,000225,000 Net income 32,50028,000\begin{array} { | l | r | r | } \hline & \mathbf { 2 0 1 8 } & \mathbf { 2 0 1 7 } \\\hline \text { Accounts receivable } & \$ 40,000 & \$ 36,000 \\\hline \text { Inventory } & 28,000 & 36,000 \\\hline \text { Net sales } & 190,000 & 186,000 \\\hline \text { Cost of goods sold } & 114,000 & 108,000 \\\hline \text { Total assets } & 425,000 & 405,000 \\\hline \text { Total stockholders' equity } & 240,000 & 225,000 \\\hline \text { Net income } & 32,500 & 28,000 \\\hline\end{array}

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Definitions:

Maladaptive

Behaviors or thought processes that are counterproductive to an individual’s overall well-being or ability to meet their needs and goals.

Generalised Anxiety Disorder

A mental health disorder characterized by persistent and excessive worry about a range of different things.

Panic Disorder

A psychiatric disorder characterized by unexpected and repeated episodes of intense fear accompanied by physical symptoms.

Hypochondriasis

A condition involving excessive preoccupation or worry about having a serious illness, often based on misinterpretation of bodily symptoms.

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