Here are simplified financial statements for Phone Corporation in a recent year:

Calculate the following financial ratios for Phone Corporation:
a. Return on equity
b. Return on assets
c. Return on capital
d. Days in inventory
e. Inventory turnover
f. Average collection period
g. Operating profit margin
h. Long-term debt ratio
i. Total debt ratio
j. Times interest earned
k. Cash coverage ratio
l. Current ratio
m. Quick ratio

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NCOME STATEMENT (Figures in S millions) Net sales Cost of goods sold Other expenses Depreciation Earnings before interest and taxes (EBIT) Interest expense Income before tax Taxes (at 35%) Net income Dividends 13,193 4,060 4,049 2,518 2,566 685 1,881 658 1,223 856 BALANCE SHEET Figures in S millions) End of Year Start of Year Assets $ 158 2,490 238 932 $ 3,5253,818 19,915 3,770 $27,503 Cash and marketable securities Receivables Inventories Other current assets $ 89 2,382 187 867 Total current assets Net property, plant, and equipment Other long-term assets 19,973 4,216 $27,714 Total assets Liabilities and shareholders' equity $2,564 1,419 811 $3,040 1,573 787 4,7945,400 6,833 6,149 9,121 $27,503 Payables Short-term debt Other current liabilities Total current liabilities Long-term debt and leases Other long-term liabilities Shareholders' equity 7,018 6,178 9,724 $27,714 Total liabilities and shareholders' equity