A) Calculate the cash ratio for FY2020. (Enter percentages as decimals and round to 4 decimals)

B) Calculate the times interest earned (TIE) ratio for FY2020. (Enter percentages as decimals and round to 4 decimals)

C) Calculate the total debt ratio for FY2020. (Enter percentages as decimals and round to 4 decimals)

D) Calculate the return on assets ratio for FY2020. (Enter percentages as decimals and round to 4 decimals)

E) Calculate the day's in inventory for FY2020. (Enter percentages as decimals and round to 4 decimals)

F) Calculate the common-size value of accounts payable for FY2020. (Enter percentages as decimals and round to 4 decimals)

G) Calculate the common-size value of SGA for FY2020. (Enter percentages as decimals and round to 4 decimals)

$ in millions

income Statement FY 2020

Net Sales 13,770

COGS 9,043

SGA 2,487

Depreciation 479

EBIT 1,761

Interest Expense 249

EBT 1,512

Taxes 323

Net Income 1,189

Dividends 782

Add to RE 407

Price 63.86

Shares Outstanding 343,950,311

$ in Millions

Balance Sheet FY2020 FY 2019

Cash 435 397

AR 1537 1576

Inventories 1284 1226

Other CA 226 232

Total Current Assets 3482 3431

Net PPE 14514 14133

Total Assets 17996 17564

Notes Payable (interest bearing) 729 727

Accounts Payable 2471 2387

Other CL 2038 1664

Total CL 5238 4778

Long term debt 9494 9934

Total Liabilities 14732 14712

Common stock 110 105

Accum RE 3,154 2747

Total Equity 3264 2852

Total Liabilities & Equity 17996 17564