5 Here are simplified financial statements for Phone Corporation in a recent year. V kipped INCOME STATEMENT (Figures in 5 millions) Net sales Cost of goods sold Other expenses Depreciation Earnings before interest and taxes (EBIT) Interest expense Income before tax Taxes (at 30%) Net income Dividends $ 14,000 4,510 4,212 21788 $ 2,490 730 $ 1,760 528 s 1,232 $ 946 eBook Print ferences BALANCE SHEET (Figures in 5 millions) End of Year Start On Year 5 198 12,832 232 Assets Cash and marketable securities Receivables Inventories De current assets Total current assets Het neperte plante me 05 nel long-term assets 1912 43074 2010 167 2.628 289 927 1992 20005 3868 BALANCE SHEET (Figures in $ millions) End of Year Start of Year $ $ 98 2,832 232 912 4,074 20,063 4,306 $ 28,443 $ 167 2.670 283 977 4,097 20,885 860 $ 27,962 Assets Cash and marketable securities Receivables Inventories Other current assets Total current assets Net property, plant, and equipment Other long-term assets Total assets Liabilities and shareholders' equity Payables Short-term debt Other current liabilities Total current liabilities Long-term debt and leases other long-term liabilities Shareholders equity Total liabilities and shareholders' equity $ 2,654 1,464 856 4,974 4,777 6,268 12,424 $ 28, 443 3, 130 1618 832 5 5,580 5, 222 6239 10.921 $ 22962 Prey 5 of 10 Next 5 % % 1 points % days Skipped a. Return on equity (use average balance sheet figures) b. Return on assets (use average balance sheet figures) C. Return on capital (use average balance sheet figures) d. Days in inventory (use start-of-year balance sheet figures) e. Inventory turnover (use start-of-year balance sheet figures) f. Average collection period (use start-of-year balance sheet figures) g. Operating profit margin h. Long-term debt ratio (use end-of-year balance sheet figures) i. Total debt ratio (use end-of-year balance sheet figures) j. Times interest earned k. Cash coverage ratio 11. Current ratio (use end-of-year balance sheet figures) m. Quick ratio fuse end-of-year balance sheet figures) days 96 eBook Print Betreuences Brex 510 Next > Mc G HII