(Compare ratios and comment on results) Selected financial data for two intense competitors in a recent year follow (amounts in millions): Eonline Corporation Paperky Company Statement of income data: Net sales Cost of goods sold $9,538 $4,671 7,962 4,130 570 131 Selling and administrative expenses Interest expense 529 183 Other expenses 26 11 Income taxes 154 77 Net income $297 $139 Statement of cash flows data: Net cash inflow from operating activities $722 $347 Net increase in cash during the year 111 29 Statement of financial position data: End-of-year balances: Cash $308 $426 1,956 1,003 Other current assets Long-term assets 5,569 3,646 Total assets $7,833 $5,075 Current liabilities $1,102 $807 Long-term debt 4.424 3,095 Total shareholders' equity 2,307 1,173 $7,833 $5,075 Total liabilities and shareholders' equity Beginning-of-year balances: Total assets $7,274 $4,512 Total shareholders' equity 1,727 1,044 Other data: Average net receivables $1,099 $651 Average inventory 799 505 (a) For each company, calculate the following ratios: (Round accounts receivable turnover, inventory turnover and current ratio to 2 decimal places, e.g. 14.83. Round net debt as a percentage of total capitalization to 2 decimal places, eg. 0.83. Round average collection period, days to sell inventory, interest coverage, return on asset, return on equity, cash flows to total liabilities, gross margin and profit margin to 1 decimal place, e.g. 14.8 or 13.5%.) i. Average collection period for receivables ii. iii. iv. Days to sell inventory Current ratio Net debt as a percentage of total capitalization Interest coverage (depreciation expense was $406 for Eonline and $261 for Paperky) Return on assets V. vi. vii. Return on equity vii. Return on equity viii. Cash flows to total liabilities Gross margin ix. X. Profit margin Eonline Corporation Paperky Company Average collection period 42.1 days 50.9 days Days to sell inventory 36.6 days 44.6 days Current ratio 2.05 1.77 Net debt as a percentage of total capitalization Interest coverage times times Return on assets % % ii. Return on equity % % iii. Cash flows to total liabilities % % Gross margin % % Profit margin % %