calculate the following for the firm for fiscal year (FY) 2019: Show formula and detail process.

1. Total asset turnover

2. Fixed asset turnover

3. Days sales outstanding

4. Inventory turnover

5. Return on assets (ROA)

6. Return on equity (ROE)

7. Price/earnings (PE) ratio

8. Book value (BV) per share

9. Market/book (M/B) ratio

Assets Cash and cash equivalents Short-term investments Accounts receivable Inventories 2018 $50 $60 840 $500 $380 $1, 000 $820 Total current assets $1, 550 S1, 300 81, 700 2019 Net plant and equipment Total assets $2, 000 Liabilities and Equity Accounts payable Notes payable Accruals 8200 S190 S2808130 $300 $280 Total current liabilties S780 S600 Long-term bonds Total liabilities Preferred stock (400,000 shares) Commmon stock (50, 000, 000 shares) Retained Earnings $1,200 $1, 000 S100$100 8500$500 8970$800 Total common eqity 1,470 $1, 300 Total liabilities and equityS3, 55083, 000 2019 $5,000 $4, 760 2018 Net sales Cost of goods sold except depreciation$3, 800$3, 560 Depreciation Other operating expenses $200 $500 $500 $120 $380 $152 $228 $8 $170 $480 $550 $100 $450 $180 $270 $8 $262 rnings before interest and taxes (EBIT) Earnings before taxes (EBT) Net income before preferred dividends Less: Interest expense Less: Less: Preferred dividends (40%) Taxes income available to common stockholders $220 Other Data Common dividends Addition to retained earnings Lease payments Bond s required sinking fund payments Common stock price per share S50 $170 S28 $20 $27 $48 $214 $28 S20 $40