Complete the ratio calculations for 2019 on the appropriate tab using the income statement and balance sheet. All ratios should be linked back to your financial statements.

H & KINC. Balance Sheet December 31, 2019 and 2018 $ in millions 2019 2018 7 8 $ Current Assets Cash and cash equivalents Accounts Receivable, net Merchandise inventories Other current assets Total Current Assets 19,496 2,420 4,250 450 26,616 9,165 1,610 4,029 316 15,120 11 12 12,049 (2,828) 193 9,414 36,030 10,299 (2,550) 193 7,942 23,062 18 $ $ 14 Long-Term Assets 15 Property and equipment 16 Accumulated depreciation Intangible assets, net Total Long-Term Assets Total Assets 20 21 Current Liabilities 22 Accounts payable 23 Accrued liabilities 24 Income taxes payable 25 Current portion of long-term debt 26 Total Current Liabilities $ 1,323 1,135 790 135 3,383 1,251 1,206 130 127 2,714 6,152 9,535 5,900 8,614 28 Non-current Liabilities 29 Long-term debt 30 Total Liabilities 31 32 Shareholders' Equity Common stock;.01 par value; 9,000 share authorized; 370 and 367 shares issued & 33 outstanding respectively 34 Paid-in capital 35 Treasury stock, at cost 36 Retained earnings 37 Total Shareholders' Equity 38 Total Liabilities and Shareholders' Equity 3,227 (9,864) 33,128 26,495 36,030 2,927 (9,714) 21,231 14,448 23,062 $ $ 0 Additional Information: 0 x AutoSave OH File Home B18 - H Insert BY = Spring 2020 Pro. Draw Page Layout Formulas fos - 250 Treyton Jakat Data Review - Help View H&K INC. Income Statement For the Years Ended December 31, 2019 and 2018 $ in millions OOO OU AWN- 2019 2018 8 No $ $ Revenue Net sales Cost of merchandise sold 10 Gross Profit 53,342 29,963 23,379 44,452 24,969 19,483 7,541 278 15,560 7,182 2,550 9,751 12 Operating Expenses 13 Selling, general and administrative Depreciation Operating income 16 17 Interest expense, net 18 Gain/(Loss) on sale of property & equip Income before income taxes 205 205 (250)| 15,105 169 19 9,715 20 21 Provision for income taxes 3,163 2,040 Net income $ 11,942 $ 7,675 46 JB C D E F G 10 Current Ratio = m 1 Acid-Test Ratio = 10000 AR Turnover = Days Sales Uncollected = Inventory turnover = Days sales in Inventory Total Asset Turnover = Debt to Equity = Times Interest Earned = Net Profit Margin = Return on Total Assets = Return on Stockholders Equity = Earnings per Share (EPS) =