calculate free cash flow given the following information: EBIT$=65$million, Taxes $40\%,$ net working capital $30$ million, capital spending $45$ million. please use the financial statement below to respond to the following questions: calculate the following ratios for $2019$ and $2018$ to two decimal places: $1)$ current ratio $2)$ quick ratio $3)$average sales per day. Assets: cash and cash equivalents $2019=4,000.2018=5,100.$ Short term investments $2019=200.2018=1000.$ Accounts receivable $2019=4,200.2018=3,500.$ Inventories $2019=5,800.2018=5,400.$ Other current assets $2019=2000.2018=140.$ Total current assets $2019=16,200.2018=15,140.$ Land$/$building $2019=2,774.2018=2,540.$ Machinary$/$equipment $2019=6,700.2018=6,600.$ total gross fixed assets $2019=9,474.2018=9,140.$ Less depreciation $2019=-4,700.2018=-4,500.$ Net fixed assets $2019=4,774.2018=4,640.$ Goodwill $2019=440.2018=440.$ Deferred income taxes $2019=2,010.2018=2,510.$ Total assets $2019=23,424.2018=22,730.$ Sales $2019=40,000.2018=37,000.$ COGS $2019=22,00.2018=20,400.$ Gross profits $2019=18,000.2018=16,600.$ Less oerating expenses overhead$($excludes depreciation$)2019=12,000.2018=10,700.$ EBITDA $2019=6,000.2018=5,900.$ Depreciation operating profit$($EBIT$)2019=5,300.2018=5,400.$ interest expense $2019=50.2018=50.$ net profit before taxes EBT $2019=5,250.2018=5,350.$ Taxes$(21\%)2019=1,103.2018=1,124.$ Net Income $2019=4,147.2018=4,226.$ Liabilities and equity: Accounts payable $2019=2,600.2018=2,220.$ Accruals $2019=4,300.2018=2,560.$ Notes payable $2019=10.2018=340.$ Other current liabilities $2019=970.2018=870.$ total current liabilities $2019=7,880.2018=5,990.$ Long term debt $2019=3,500.2018=3,670.$ deferred income taxes $2019=3,011.2018=3,220.$ Total liabilities $2019=14,391.2018=12,880.$ common stock $2019=3.2018=3.$ additional paid$-$in capital $2019=7,150.2018=6,346.$ Retained earnings $2019=1,880.2018=3,501.$ Total common equity $2019=9,033.2018=9,850.$ total liabilities and equity $2019=23,424.2018=22,730$