Financial Ratios

Consider the Teknosa's condensed financial statements in a recent year: INCOME STATEMENT (Figures in $ millions) Net sales $ 12,500 Cost of goods sold 3, 710 Other expenses 4,112 Depreciation 2,308 Earnings before interest and taxes (EBIT) $ 2,370 Interest expense 650 Income before tax $ 1,720 Taxes (at 30%) 516 Net income $ 1,204 Dividends $ 806 BALANCE SHEET (Figures in $ millions) End of Year Start of Year $ 82 2,032 152 832 $ 3,098 19,903 4,146 $ 27,147 $ 151 2,350 203 897 $ 3,601 19,845 3,700 $ 27,146 Assets Cash and marketable securities Receivables Inventories Other current assets Total current assets Net property, plant, and equipment Other long-term assets Total assets Liabilities and shareholders' equity Payables Short-term debt Other current liabilities Total current liabilities Long-term debt and leases Other long-term liabilities Shareholders' equity Total iabilities and shareholders' equity $ 2,494 1,384 776 $ 4,654 8,761 6, 108 7,624 $ 27,147 $ 2,970 1,538 752 $ 5,260 8,086 6,079 7,721 $ 27, 146 Calculate the following Teknosa financial ratios: (Use a year with 365 days. Calculations in the middle should not be rounded. Final responses should be rounded to two decimal places.) % % % days a. ROE (use average B/S figures) b. ROA (use average B/S figures) C. ROC (use average B/S figures) d. Days in inventory (use start-of-year B/S figures) e. Inventory turnover (use start-of-year B/S figures) f. Average collection period (use start-of-year B/S figures) g. Operating profit margin h. Long-term debt ratio (use end-of-year B/S) i. Total debt ratio (use end-of-year B/S figures) 1. Times interest earned k. Cash coverage ratio 1. Current ratio (use end-of-year B/S figures) m. Quick ratio (use end-of-year B/S figures) days %