Here are simplified financial statements for Phone Corporation in $2020$:

INCOME STATEMENT

$($Figures in $ millions$)$

Net sales $ $12,200$

Cost of goods sold $3,560$

Other expenses $4,037$

Depreciation $2,218$

Earnings before interest and taxes $($EBIT$)$ $ $2,385$

Interest expense $635$

Income before tax $ $1,750$

Taxes $($at $21\%)368$

Net income $ $1,382$

Dividends $ $746$

BALANCE SHEET

$($Figures in $ millions$)$

End of Year Start of Year

Assets

Cash and marketable securities $ $79$ $ $148$

Receivables $1,8822,290$

Inventories $137188$

Other current assets $817882$

Total current assets $ $2,915$ $ $3,508$

Net property, plant, and equipment $19,87319,815$

Other long$-$term assets $4,1163,670$

Total assets $ $26,904$ $ $26,993$

Liabilities and shareholders$$ equity

Payables $ $2,464$ $ $2,940$

Short$-$term debt $1,3691,523$

Other current liabilities $761737$

Total current liabilities $ $4,594$ $ $5,200$

Long$-$term debt and leases $9,5088,623$

Other long$-$term liabilities $6,0786,049$

Shareholders$$ equity $6,7247,121$

Total liabilities and shareholders$$ equity $ $26,904$ $ $26,993$

Calculate the following financial ratios for Phone Corporation:

Note: Use $365$ days in a year. Do not round intermediate calculations. Round your final answers to $2$ decimal places.