Here are simplified financial statements for Phone Corporation in a recent year: INCOME STATEMENT (Figures in 9 millions) Net sales $ 12,400 Cost of goods sold 3,660 Other expenses 4,137 Depreciation 2,278 $ 2,325 645 Earnings before interest and taxes (EBIT) Interest expense Income before tax Taxes (at 30%) Not income Dividends $ 1,680 504 $ 1,176 $ 796 BALANCE SHEET (Figures in S millions) End of Year Start of Year Assets Cash and marketable securities $ 81 $ 150 Receivables 1,982 Inventories 2,330 147 198 Other current assets 827 892 Total current assets $ 3,037 $ 3,570 Net property, plant, and equipment 19,893 Other long-term assets 19,835 4,136 3,690 Total assets $ 27,066 $ 27,095 $ 2,484 1,379 771 Liabilities and shareholders' equity Payables Short-term debt Other current liabilities Total current liabilities Long-term debt and leases Other long-term liabilities Shareholders' equity Total liabilities and shareholders' equity $ 4,634 9,010 6,098 7,324 $ 27,066 $ 2,960 1,533 747 $ 5.240 8,265 6,069 7,521 $ 27,095 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.) Return on equity (Use ending equity) Return on assets (Use after-tax operating income and ending assets.) Days in inventory (Use ending inventory) Inventory turnover (Use ending Inventory.) Average collection period (Use ending receivables.) % % days dave