1.) Compute the profit margin on sales for 2016 of Saratoga Springs Co. (Round your answer to 1 decimal place.)

2.) Compute the receivables turnover ratio for 2016 of Saratoga Springs Co. (Round your answer to 1 decimal place.)

3.) Compute the inventory turnover ratio for 2016 of Saratoga Springs Co. (Round your answer to 1 decimal place.)

The following partial Income statement and balance sheet Information (In $ millions) comes from the Annual Report of Saratoga Springs Co. for the year ending 12/31/2016 Year ended 12/31/2016 Net sales Total operating revenue Cost of goods sold Sales, general & administrative Interest expense Income before tax Net Income 17,384 17,384 10,253 2,674 841 1,092 909 Cash and cash equivalents Recelvables, net Inventories Land, bulldings and equipment at cost, net Total assets 12/31/2016 12/31/2015 149 745 1,114 13,347 15,355 1,400 2,170 1,990 23,730 29,290 Accounts payable Total current llabllitles Long-term debt Deferred Income taxes Total llabllities MInority Interest Retalned earnings Total stockholders' equity 11,165 11,165 9,926 798 21,889 498 6,903 7401 9,412 9,412 5,026 848 15,286 0 69 69