Here are simplified financial statements for Phone Corporation in 2020: INCOME STATEMENT (Figures in $ millions) Net sales $ 14,000 Cost of goods sold 4,510 Other expenses 4,212 Depreciation 2,788 Earnings before interest and taxes (EBIT) Interest expense Income before tax $ 2,490 730 Taxes (at 21%) $ 1,760 370 Net income Dividends $ 1,390 $ 946 BALANCE SHEET (Figures in $ millions) 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 End of Year Start of Year $ 98 2,832 232 912 $ 4,074 20,063 4,306 $ 28,443 $ 2,654 1,464 856 $ 4,974 4,777 6,268 12,424 $ 167 2,670 283 977 $ 4,097 20,005 3,860 $ 27,962 $ 3,130 1,618 832 $ 5,580 5,222 6,239 Other long-term liabilities Shareholders' equity 10,921 Total liabilities and shareholders' equity $ 28,443 $ 27,962 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.