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Use the financial statements of Helfer Sports Inc. in Table 14.14 to find the following (Use 365 days a year. Round all answers to 2 decimal places excepts amounta) a. Inventory turnover ratio in 2015 b. Devequity ratio in 2015 e. Cash flow from operating activities in 2015. d. Average collection period .. Asset turnover ratio f. Interest coverage ratio 9. Operating profit margin h. Return on equity 1. Compound leverage ratio Income statement Sales Cost of goods sold Depreciation Selling & administrative expenses EBIT Interest expense Taxable income Taxes Net income 2015 $5,500,000 2,850,000 280,000 1,500,000 $ 870,000 130,000 $ 740,000 330,000 $ 410,000 2015 2014 $ 50,000 660,000 490,000 $1,200,000 3,100,000 $4,300,000 $ 40,000 690,000 480.000 $1,210,000 2.800,000 $4,010,000 Balance sheet, year-end Assis Cash Accounts receivable Inventory Total current assets Fixed assets Total assets Liabilities and shareholders' equity Accounts payable Short-term debt Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total shareholders' equity Total liabilities and shareholders' equity $ 340,000 480,000 $ 820,000 2,520,000 $3,340,000 $ 310,000 650.000 $ 960,000 $4,300,000 $ 450,000 550,000 $1,000,000 2,200,000 $3,200,000 $ 310,000 500,000 810,000 $4,010,000