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1 . Use the financial statements of Heifer Sports Inc. in the table below to find the following: ( Use 3 6 5 days a

1. Use the financial statements of Heifer Sports Inc. in the table below to find the following:
(Use 365 days a year).(hint: anything input in the balance sheet have to be averaged, e.g.
asset, debt, equity, accounts receivables)
a. Inventory turnover ratio in 2015.
b. Debt/equity ratio in 2015.
c. Current ratio in 2015.
d. Average collection period.
e. Asset turnover ratio.
f. Interest coverage ratio. (=EBIT/Interest Expense)
g. Profit margin.
h. Return on equity.
i. Interest burden ratio
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