Fill the Blank.

Problem 19-1 Use the financial statements of Heifer Sports Inc. to find the information below for Heifer. (Use 365 days a year. Round all answers to 2 decimal places except $ amounts.) 2017 Income Statement Sales Cost of goods sold Depreciation Selling & admin. expenses EBIT $ 5,720,000 3,010,000 298,200 1,597,000 $ 814,800 167,000 $ 647,800 293,500 $ 354,300 Interest expense Taxable income Taxes Net income 2017 2016 $ 43,200 604,000 448,500 $ 1,095,700 2,8 000 $ 3,971,700 $ 81,000 1,404,300 976,800 $ 2,462,100 5,752,000 $ 8,214,100 Balance Sheet, Year-End Assets Cash Accounts receivable Inventory Total current assets Fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Short-term debt Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 318,300 496,000 $ 814,300 1,913,700 $ 2,728,000 $ 311,400 932, 300 $ 1,243,700 $ 3,971,700 $ 990,000 1,215,300 $ 2,205,300 4,859, 400 $ 7,064,700 $ 311,400 838,000 $ 1,149,400 $ 8,214,100 4.22 a. Inventory turnover ratio in 2017 b. Debt/equity ratio in 2017 c. Cash flow from operating activities in 2017 d. Average collection period e. Asset turnover ratio days 4.88 % f. Interest coverage ratio g. Operating profit margin h. Return on equity j. Compound leverage ratio k. Net cash provided by operating activities %