Crane Appliances Corporation has reported its financial results for the year ended December 31, 2017. Crane Appliances Corporation Income Statement for the Fiscal Year Ended December 31, 2017 Net sales $6,308,412,000 Cost of goods sold Gross profit $3,324,638,0602,983,773,940 Selling, general, and administrative expenses 1,175,918,423 Depreciation Operating income $1,877,993,521270,726,116 Interest expense EBT $1,849,024,021 Income taxes Net earnings $1,362,237,242486,786,779 Crane Appliances Corporation Balance Sheet as of December 31, 2017 Assets: Liabilities Equity: Cash and cash equivalents $568,605,000 Short-termborrowings $106,627,398 Accounts receivable 1,282,215,300 Trade accounts payable 524,293,488 Inventory 970,670,300 Other current liabilities 788,557,037 Other current assets Total current assets Net fixed assets Goodwill Other assets Your answer is partially correct. Calculate these liquidity ratios: current and quick ratios. (Round answers to 2 decimal places, e.g. 12.25.) eTextbook and Media Your answer is partially correct. Calculate these efficiency ratios: inventory turnover, accounts receivable turnover, DSO. (Round intermediate calculations and final answers to 2 decimal places, e.g. 12.25. Use 365 days for calculation.) E Your answer is partially correct. Calculate these asset turnover ratios: total asset turnover, fixed asset turnover. (Round answers to 2 decimal places, e.g. 12.25\%.) eTextbook and Media Your answer is incorrect. Calculate these leverage ratios: total debt ratio, debt-to-equity ratio, equity multiplier. (Round answers to 2 decimal places, e.g. 12.25.) E Your answer is incorrect. Calculate these coverage ratios: times interest earned, cash coverage. (Round answers to 2 decimal places, e.g. 12.25.) eTextbook and Media Your answer is partially correct. Calculate these profitability ratios: gross profit margin, net profit margin, ROA, ROE. (Round answers to 2 decimal places, e.g. 12.25.) E Your answer is incorrect. Calculate these coverage ratios: times interest earned, cash coverage. (Round answers to 2 decimal places, e.g. 12.25.) eTextbook and Media Your answer is partially correct. Calculate these profitability ratios: gross profit margin, net profit margin, ROA, ROE. (Round answers to 2 decimal places, e.g. 12.25.) Your answer is incorrect. Use the DuPont identity after calculating the component ratios to compute ROE. (Round answer to 2 decimal places, e.g. 12.25.)