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

INCOME STATEMENT

$($Figures in $ millions$)$

Net sales $ $12,900$

Cost of goods sold $3,910$

Other expenses $4,132$

Depreciation $2,428$

Earnings before interest and taxes $($EBIT$)$ $ $2,430$

Interest expense $670$

Income before tax $ $1,760$

Taxes $($at $35\%)616$

Net income $ $1,144$

Dividends $ $846$

BALANCE SHEET

$($Figures in $ millions$)$

End of Year Start of Year

Assets

Cash and marketable securities $ $86$ $ $155$

Receivables $2,2322,430$

Inventories $172223$

Other current assets $852917$

Total current assets $ $3,342$ $ $3,725$

Net property, plant, and equipment $19,94319,885$

Other long$-$term assets $4,1863,740$

Total assets $ $27,471$ $ $27,350$

Liabilities and shareholders$$ equity

Payables $ $2,534$ $ $3,010$

Short$-$term debt $1,4041,558$

Other current liabilities $796772$

Total current liabilities $ $4,734$ $ $5,340$

Long$-$term debt and leases $7,7657,370$

Other long$-$term liabilities $6,1486,119$

Shareholders$$ equity $8,8248,521$

Total liabilities and shareholders$$ equity $ $27,471$ $ $27,350$

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.$)$

days

Inventory turnover $($Use ending inventory.$)$

Average collection period $($Use ending receivables.$)$

days

Operating profit margin $($Use after$-$tax operating income.$)$

$\%$

Recievable Turnover

Asset Turnover