Calculate the following & show work, explain what this means for the two years:

Total debt ratio (total assets-total equity/total assets)

Total Asset Turnover (sales/total assets)

Inventory Turnover (cost of goods sold/inventory)

Days sales in inventory (365 days/inventory turnover)

Days sales in receivables (365 days/receivables turnover)

Debt-equity ratio (Total Debt/total equity)

Cash ratio (Cash/current liabilities)

Times interest earned ratio (EBIT/interest)

Cash coverage ratio (EBIT+depreciation/interest)

A company has the following financial information for the last two years: Figures in $million as on Dec. 31 2019 Sales $1,200 Oper. Costs (exclud. Dep. & Amort.) $1,020 EBITDA $180 Dep. & Amort. $30 EBIT $150 Interest Expenses $21.70 EBT $128.30 Taxes (@25%) $32.1 Net Income $96.20 Common dividends $79.70 2018 $1,000 $850.00 $150 $25 $125 $20.20 $104.80 $26.20 $78.60 $61.30 Figures in $million as on Dec. 31 2019 2018 Assets: Cash and equivalents Accounts receivable Inventories 10 150 200 12 180 180 $372 300 $672 Total current assets Net plant & equipment Total assets $360 250 $610 Liabilities and equity Account payable Accrued expenses Notes payable Total current liabilities Long-term bonds Total liabilities Common stock (50 million shares) Retained earnings Common equity Total liabilities & Equity 108 72 67 $247 150 $397 50 225 $275 $672 90 60 51.5 $201.50 150 $351.50 50 208.5 $258.50 $610