Data for the Ray Shio Corporation is provided below:

Calculate the following ratios for the Ray Shio Corporation:

a. Current ratio

b. Quick ratio

c. Inventory turnover ratio

d. Total asset turnover ratio

e. Gross profit margin

f. Operating profit margin g. Net profit margin h. Debt-to-assets ratio i. Debt-to-equity ratio j. Return on assets (basic earning power)
k. Return on equity

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Ray Shio Corporation Balance Sheet As of December 31, 1999 (in millions) Cash $100 Accounts payable $300 Marketable securities 300 Other current liabilities 200 Accounts receivable 600 Long-term debt 500 Inventory 1,000 Common stock 2,000 Net plant and equipment 4,000 Retained earnings 3,000 Total assets $6,000 Total liabilities and equity $6,000