Here are simplified financial statements for Phone Corporation in a recent year:

INCOME STATEMENT(Figures in $ millions)Net sales$13,100Cost of goods sold4,010Other expenses4,042Depreciation2,488Earnings before interest and taxes (EBIT)$2,560Interest expense680Income before tax$1,880Taxes (at 30%)564Net income$1,316Dividends$866

BALANCE SHEET(Figures in $ millions)End of YearStart of YearAssetsCash and marketable securities$88$157Receivables2,3322,470Inventories182233Other current assets862927Total current assets$3,464$3,787Net property, plant, and equipment19,96319,905Other long-term assets4,2063,760Total assets$27,633$27,452Liabilities and shareholders' equityPayables$2,554$3,030Short-term debt1,4141,568Other current liabilities806782Total current liabilities$4,774$5,380Long-term debt and leases7,2677,012Other long-term liabilities6,1686,139Shareholders' equity9,4248,921Total liabilities and shareholders' equity$27,633$27,452

Calculate the following financial ratios for Phone Corporation:(Use 365 days in a year. Do not round intermediate calculations. Round your final answers to 2 decimal places.)