Can anyone help me find the following calculations Inventory turnover, Current r

Question

Can anyone help me find the following calculations

Inventory turnover, Current ratio, and return on sales. Thanks

Income Statement All numbers in thousands Revenue 1/28/2017 Total Revenue 69,495,000 Cost of Revenue 48,872,000 Gross Profit 20,623,000 Operating Expenses Research Development Selling General and Administrative Non Recurring Others 13,356,000 2,298,000 Total Operating Expenses Operating Income or Loss 4,969,000 Income from Continuing Operations Total Other Income/Expenses Net Earnings Before Interest and Taxes Interest Expense Income Before Tax 4,969,000 1,004,000 3,965,000 1,296,000 Income Tax Expense Minority Interest Net Income From Continuing Ops 2,669,000

Explanation / Answer

Inventory turnover = Cost of goods sold / Average Inventory
= 48,872,000 / 8,309,000
= 5.88 times

Current Ration = Current Assets / Current Liability
= 11,990,000 / 12,708,000
= 0.94 times   

Return on sales = Operating Profit / Net Sales
= 4,969,000 / 69,495,000
= 0.0715 or 7.15%

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