Fader Corp.'s 2014 and 2015 SFP and 2015 SCI are as follows (in millions of dollars, except per share amounts):

Condensed Statement of Financial Position

31 December20152014ASSETSCash$13$24Investments (short-term)47Accounts receivable (net of allowance)2522Inventory (FIFO)3947Prepaid expenses53Investments, long-term5454Property, plant, and equipment (net of accumulateddepreciation of $29 (2014), $37 (2015))9282Total assets$232$239LIABILITIES AND SHAREHOLDERS' EQUITYAccounts payable158Accrued liabilities44Notes payable, long-term2730Common shares, no par (50,000 shares outstanding)3939Retained earnings (including 2014 and 2015 income)147158Totals$232$239Statement of Comprehensive Income, 2015Sales revenue (1/3 were credit sales)$275Investment revenue29Cost of goods sold(93)Distribution expense(44)Administrative expense (includes $33 of depreciation)(42)Interest expense(27)Income tax expense (the tax rate is 40%)(20)Net income and comprehensive income$78Additional information:Cash flow from operations30

Required:

Compute the 2015 ratios that measure:(Use 365 days in a year. Do not round intermediate calculations. Round final percentage answers to nearest whole number i.e. 0.12 should be considered as 12%. Round "Quick ratio" and "Asset turnover" to 2 decimal places, "Current Ratio", "Times-interest-earned", "Average collection period" & "Defensive interval" to nearest whole number and all other answers to 1 decimal place.)

1. Profitability (after tax only)
2. Efficiency
3. Solvency
4. Liquidity

a.Ratios that measure profitabilityReturn on long-term capital (after tax)%Return on assets (after tax)%Return on common owners' equity%Operating margin (before tax)%Return on gross assets (before tax)%b.Ratios that measure efficiency:Asset turnovertimesAccounts receivable turnovertimesAverage collection period of accounts receivabledaysInventory turnovertimesc.Ratios that measure solvency:Debt:equity%Long-term debt: capitalization%Debt: capital employed%Debt: total assets%Times-interest-earnedTimes-debt-service-earnedd.Ratios that measure liquidity:Current ratioQuick ratioDefensive intervalda