Galaxy Interiors 2009 Income Statement ($ in millions) Net sales $21,415 Cost of goods sold 16,408 Depreciation 1,611 Earnings before interest and taxes 3,396 Interest paid 1.282 Taxable Income $2,114 Less: Taxes 740 Net income $1,374 Galaxy Interiors 2008 and 2009 Balance Sheets ($ in millions 2004 2009 2008 2009 Cash $668 $297 Accounts payable $1,694 $1,532 Accounts receivable 1,611 1,527 Notes payable 2.500 Inventory 3.848 2.947 Total $4 194 $1,532 Total $6.127 $4,771 Long-term debt 9,800 10,650 Net fixed assets 17 489 17,107 Common stock 7,500 7,000 Retained earnings 2.122 2.696 Total assets $23.616 $21,878 Total liab. & equity $23.616 $21.878 Based on the data please answer the following questions: 1) What is the firm's quick ratio in 2009? 2) What is the firm's days sales outstanding in 2009? Assume a 365-day year for this calculation. 3) What is the firm's total assets turnover in 2009? 4) What is the firm's debt ratio in 2008 and 2009 respectively? What can you tell from the change? 5) What is the change in the Inventory from 2008 to 2009? Is this "use" or "source" or cash? Please explain. 6) What is the change in the Accounts Payable from 2008 to 2009? Is this "use" or "source" or cash? Please explain. 7) What is the change in the net working capital from 2008 to 2009? Is this "use" or "source" or cash? Please explain. 8) What is the DuPont Ratio in 2009? Show the three components of DuPont Ratio