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Calculate the following financial ratios for Phone Corporation: (Use 365 days In a year. Do not round Intermedlate calculations. Round your final answers to 2
Calculate the following financial ratios for Phone Corporation: (Use 365 days In a year. Do not round Intermedlate calculations. Round your final answers to 2 declmal places.) 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 I. Current ratio (use end-of-year balance sheet figures) m. Quick ratio (use end-of-year balance sheet figures) days days
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