Have some finance questions from Homework, please advise

QUESTION 1 In 2014 Electric Autos had sales of $195 million and assets at the start of the year of $340 million. If its return on start-of-year assets was 10%, what was its operating profit margin? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Operating profit margin % QUESTION 2 Long-term debt ratio Times interest earned Current ratio Quick ratio Cash ratio Inventory turnover Average collection period 0.2 8.0 1.2 1.0 0.2 3.0 73days Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Turnover and the average collection period are calculated using start-of-year, not average, values. (Enter your answers in millions. Round intermediate calculations and final answers to 2 decimal places.) INCOME STATEMENT (Figures in $ millions) $ Net sales Cost of goods sold Selling, general, and administrative expenses Depreciation Earnings before interest and taxes (EBIT) 22.00 32.00 $ Interest expense $ Income before tax Tax (35% of income before tax) $ Net income BALANCE SHEET (Figures in $ millions) This Year Assets Last Year Cash and marketable securities $ $ 32 Accounts receivable 46 Inventories 38 Total current assets $ $ 116 Net property, plant, and equipment Total assets Liabilities and shareholders' equity Accounts payable Notes payable 37 $ $153 $30.00 35.00 Total current liabilities $ 25 40 65 Long-term debt 20 Shareholders' equity 68 Total liabilities and shareholders' equity $230.00 $153 Question 3 Here are simplified financial statements for Phone Corporation in a recent year: Calculate the following financial ratios for Phone Corporation: (Use 365 days in a year. Do not round intermediate calculations. Round your percentage answers "Return on equity", "Return on assets", Return on capital" and "Operating profit margin" to 2 decimal places and the rest to 2 decimal places.) INCOME STATEMENT (Figures in $ millions) Net sales Cost of goods sold Other expenses Depreciation Earnings before interest and taxes (EBIT) Interest expense $ 13,400 4,210 4,102 2,608 $ 2,480 700 Income before tax Taxes (at 30%) $ 1,780 534 Net income Dividends $ 1,246 $ 886 BALANCE SHEET (Figures in $ millions) End of Year Assets Cash and marketabl e securities Receiv ables Invento ries Other current assets Total current assets Net property, plant, and equipment Other long-term assets Total assets Liabilities sharehold ers' equity Payabl es Shortterm debt Other current liabilities Start of Year $ $ 92 161 2,532 202 253 882 $ 2,550 947 3,708 $ 3,911 20,003 19,945 4,246 3,800 $ 27,957 $ 27,656 $ 2,594 $ 3,070 1,434 1,588 826 802 Total current liabilities Longterm debt and leases Other long-term liabilities Shareh olders' equity Total liabilities and shareholde rs' equity $ 4,854 $ 5,460 6,271 6,208 6,179 10,624 $ 6,296 9,721 27,957 $ 27,656 a. Return on equity (Use average equity.) % b. Return on assets (Use after-tax operating income and average assets.) % c. Return on capital (Use after-tax operating income and average capital.) % d. Days in inventory (Use beginning inventory.) days e. Inventory turnover (Use beginning inventory.) f. Average collection period (Use beginning receivables.) days g. Operating profit margin (Use after-tax operating income.) % h. Long-term debt ratio (Use end of year values.) i. Total debt ratio (Use end of year values.) j. Times interest earned k. Cash coverage ratio l. Current ratio (Use end of year values.) m. Quick ratio (Use end of year values.) Question 4 At the end of 2011 Home Depot's total capitalization amounted to $29,043 million. In 2012 debt investors received interest income of $652 million. Net income to shareholders was $4,475 million. (Assume a tax rate of 35%.) Calculate the economic value added assuming its cost of capital is 10%. (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Economic value added $ million