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1 How much value as the company created for its shareholders as a percent of shareholders' equity, that is, the net capital contributed to the

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How much value as the company created for its shareholders as a percent of shareholders' equity, that is, the net capital contributed to the firm by its shareholders?(Enter your answer as a percentage rounded to the nearest whole number.)

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Net sales $881 Cost of goods sold 241 Depreciation 31 Earnings before interest and taxes $139 (EBIT) Interest expense 12 Income before tax $ 9? Taxes 26 Net income $ }? Assets Current assets $ 359 $ 312 Longterm assets 25B 222 Total assets $ 522' $ 534 Liabilities and shareholders' equity Current liabilities $ 194 $ 15? Longterm debt 183 121 Shareholders' equity 325 256 ' ' ' ' J Total 11ab111t1es and shareholders $52}. $ 534 equ1ty a. Return on equity (use average balance sheet figures) % b. Return on assets (use average balance sheet figures) 9% C. Return on capital (use average balance sheet figures) d. |Days in inventory (use start-of-year balance sheet figures) days e. Inventory turnover (use start-of-year balance sheet figures) f. Average collection period (use start-of-year balance sheet figures) days g. Operating profit margin % Long-term debt ratio (use end-of-year balance sheet figures) i. Total debt ratio (use end-of-year balance sheet figures) Times interest earned K. Cash coverage ratio Current ratio (use end-of-year balance sheet figures) m. Quick ratio (use end-of-year balance sheet figures)IHCUHE STTEHEHT {Figures in $ millions} Net sales Cost of goods sold Other expenses Depreciation Earnings beFore interest and taxes (EEIT) Interest expense Income before tax Taxes (at 35%) Net income Dividends BALHCE SHEET 313,133 4,555 4,545 2,513 2,555 535 3 1,331 558 3 1,223 3 355 , (Figures in $ millions) Assets Cash and marketable securities Receivables Inventories ther current assets Total current assets Net property, plant, and equipment Dther longterm assets Total assets Liabilities and shareholders' equity Payables Shortterm debt ther current liabilities Total current liabilities Long-term debt and leases Dther longterm liabilities Shareholders' equity Total liabilities and shareholders' equity End of Start of Year Year $ 89 $ 158 2,382 2,495 182 238 852 932 $ 3,525 $ 3,818 19,923 19,915 4,215 3,228 $22,214 $.22,593 $ 2,554 $ 3,945 1,419 1,523 811 282 $ 4,254 $ 5,435 2,918 5,833 5,128 5,149 9,224 9,121 $22,214 $.22,535 Locust Farming Balance Sheet ($ in millions) Current assets $42,524 Current liabilities $29, 755 Long-term assets 46,832 Long-term debt 27 , 752 Other liabilities 14, 317 Equity 17,532 Total $89 , 356 Total $89 , 356

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