3. Financial Ratios Use Table 3.1 to compute all financial ratios for 2014. Assume there are 20 million shares outstanding and the current stock price is $400. Prufrock Corporation Balance Sheets TABLE 3.1 2014 $ 98 188 422 $ 708 PRUFROCK CORPORATION Balance Sheets as of December 31, 2013 and 2014 ($ in millions) 2013 Assets Current assets Cash $ 84 Accounts receivable 165 Inventory 393 Total $ 642 Fixed assets Net plant and equipment $2.731 Total assets $3,373 Liabilities and Owners' Equity Current liabilities Accounts payable $ 312 Notes payable 231 Total $ 543 Long-term debt $ 531 Owners' equity Common stock and paid-in surplus $ 500 Retained earnings 1.799 Total $2,299 Total liabilities and owners' equity $3,373 $2,880 $3,588 $ 344 196 $ 540 $ 457 $ 550 2,041 $2,591 $3,588