apter 14 Saved Use the financial statements of Heifer Sports Inc. in Table 1414 to find the following: (Use 365 days a year. Round all answers to 2 decimal places except S amounts.) a 588 3 48 b c A d Inventory turnover ratio Debt equity ratio Cash flow from operating activities Average collection period Asset turnover ratio Interest coverage ratio Operating profit margin Return on equity Compound leverage ratio 44.80 1.32 0 9 h 6.69 15.82% 46.33% X table14_14.jpg (5768705) Act Production/bne/finance/Bodie_Ess 11e/table14_14.jpg TABLE 14.14 Heifer Sports financial statements Income statement 2018 $5,500,000 2,850,000 280,000 1,500,000 $ 870,000 130.000 $ 740,000 330.000 $ 410,000 2018 2017 Sales Cost of goods sold Depreciation Selling & administrative expenses EBIT Interest expense Taxable income Taxes Net income Balance sheet, year-end Assets Cash Accounts receivable Inventory Total current assets Fbred 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 $ 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 $ 340,000 480.000 $ 820,000 2.520,000 $3,340,000 $ 450.000 550.000 $1,000,000 2.200.000 $3.200.000 $ 310,000 650,000 $ 960.000 $4,300,000 $ 310,000 500.000 810,000 $4.010.000