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

INCOME STATEMENT

$($Figures in $ millions$)$

Net sales $ $12,600$

Cost of goods sold $3,760$

Other expenses $4,127$

Depreciation $2,338$

Earnings before interest and taxes $($EBIT$)$ $ $2,375$

Interest expense $655$

Income before tax $ $1,720$

Taxes $($at $35\%)602$

Net income $ $1,118$

Dividends $ $816$

BALANCE SHEET

$($Figures in $ millions$)$

End of Year Start of Year

Assets

Cash and marketable securities $ $83$ $ $152$

Receivables $2,0822,370$

Inventories $157208$

Other current assets $837902$

Total current assets $ $3,159$ $ $3,632$

Net property, plant, and equipment $19,91319,855$

Other long$-$term assets $4,1563,710$

Total assets $ $27,228$ $ $27,197$

Liabilities and shareholders$$ equity

Payables $ $2,504$ $ $2,980$

Short$-$term debt $1,3891,543$

Other current liabilities $781757$

Total current liabilities $ $4,674$ $ $5,280$

Long$-$term debt and leases $8,5127,907$

Other long$-$term liabilities $6,1186,089$

Shareholders$$ equity $7,9247,921$

Total liabilities and shareholders$$ equity $ $27,228$ $ $27,197$

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$)$

$14\mathrm{.}11$

$\%$

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