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Here are simplified financial statements for Phone Corporation in 2020: begin{tabular}{|c|c|c|} hline a. Return on equity (use average balance sheet figures) & 15.77 & %

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Here are simplified financial statements for Phone Corporation in 2020: \begin{tabular}{|c|c|c|} \hline a. Return on equity (use average balance sheet figures) & 15.77 & % \\ \hline b. Return on assets (use average balance sheet figures) & 7.34 & % \\ \hline c. Retum on capital (use average balance sheet figures) & 12.40 & % \\ \hline d. Days in inventory (use start-of-year balance sheet figures) & & days \\ \hline e. Inventory turnover (use start-of-year balance sheet figures) & 17.06 & \\ \hline f. Average collection period (use start-of-year balance sheet figures) & 68.89 & days \\ \hline 9. Operating profit margin & 15.37 & % \\ \hline h. Long-term debt ratio (use end-of-year balance sheet figures) & 0.42 & \\ \hline i. Total debt ratio (use end-of-year balance sheet figures) & 0.65 & \\ \hline \multicolumn{3}{|l|}{ j. Times interest earned } \\ \hline \multicolumn{3}{|l|}{ k. Cash coverage ratio } \\ \hline 1. Current ratio (use ond-of-year balance sheet figures) & 0.74 & \\ \hline m. Quick ratio (use end-of-year balance sheot figures) & & \\ \hline \end{tabular}

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