CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions Current assets Cash and cash equivalents Trade receivables (net of allowance of $9.4 and $9.7 at December 31, 2022 and 2021, respectively) Inventories Prepaid and other current assets Total current assets Non-current assets Property, plant and equipment - net Goodwill Intangible assets - net Other assets Total assets Current liabilities Current portion of long-term debt Trade accounts payable Accrued compensation and benefits Other current liabilities Total current liabilities Non-current liabilities Long-term debt, less current portion Other non-current liabilities Total liabilities Commitments and contingencies Stockholders' equity Common stock, $.01 par value - authorized 300.0 shares; issued 84.0 and 83.4 shares at December 31, 2022 and 2021, respectively Additional paid-in capital Retained earnings Accumulated other comprehensive income (loss) Less cost of shares of common stock in treasury - 17.2 and 14.2 shares at December 31, 2022 and 2021, respectively Total stockholders' equity Dec. 31, 2022 Dec. 31, 2021 $ 304.1 547.5 988.4 122.0 1.962.0 465.6 284.4 17.4 388.7 3,118.1 1.9 624.6 103.0 269.1 998.6 773.6 164.7 1,936.9 0.9 881.6 1,200.6 (341.6) (560.3) 1,181.2 $266.9 507.7 813.5 179.7 1,767.8 429.6 280.1 13.4 372.6 2,863.5 5.6 537.7 108.5 258.1 909.9 668.5 175.5 1,753.9 0.9 860.0 936.9 (228.5) (459.7) 1,109.6 CONSOLIDATED STATEMENT OF INCOME (LOSS) - USD ($) shares in Millions, $ in Millions Income Statement [Abstract] Net sales Cost of goods sold Gross profit Selling, general and administrative expenses Income (loss) from operations Other income (expense) Interest income Interest expense Loss on early extinguishment of debt Other income (expense) - net Income (loss) from continuing operations before income taxes (Provision for) benefit from income taxes Income (loss) from continuing operations Income (loss) from discontinued operations net of tax Gain (loss) on disposition of discontinued operations net of tax Net income (loss) 12 Months Ended Dec. 31, 2022 Dec. 31, 2021 Dec. 31, 2020 $4,417.7 (3,546.5) 871.2 (451.2) 420.0 2.8 (49.1) (0.3) (6.8) 366.6 (66.4) 300.2 0.0 (0.2) $ 300.0 $ 3,886.8 (3,129.4) 757.4 (429.4) 328.0 3.7 (51.5) (29.4) 13.0 263.8 (46.3) 217.5 0.0 3.4 $ 220.9 $ 3,076.4 (2,537.1) 539.3 (470.9) 68.4 3.6 (65.9) 0.0 4.9 11.0 (2.0) 9.0 (0.4) (19.2) $ (10.6) You will use the above financial statements to calculate the liquidity ratios for the period ending December 31, 2022, and provide recommendations for improvements ONLY for the Inventory and Accounts Receivable Turnovers. Please round your calculations to two-decimal places (e.g. 0.00). Please show all calculations for full points. PLEASE NOTE: This is a writing intensive class that requires you to write a lot. The focus of this class is less on calculations but more on ressing your analysis of the calculations. You are being trained to analyze operational issues at companies and to formulate recommendations. I want you to consider yourself an employee rather than a student in writing for this class. I

You will use the above financial statements to calculate the liquidity ratios for the period ending December 31, 2022, and provide recommendations for improvements ONLY for the Inventory and Accounts Receivable Turnovers. Please round your calculations to two-decimal places (e.g. 0.00). Please show all calculations for full points. PLEASE NOTE: This is a writing intensive class that requires you to write a lot. The focus of this class is less on calculations but more on expressing your analysis of the calculations. You are being trained to analyze operational issues at companies and to formulate recommendations. I want you to consider yourself an employee rather than a student in writing for this class