Here are simplified financial statements for Phone Corporation in a recent year: $ 13,100 4,042 INCOME STATEMENT (Figures in 5 millions) Net sales Cost of goods sold Other expenses Depreciation Earnings before interest and taxes (EBIT) Interest expense Income before tax Taxes (at 30%) Net income Dividends $ 2,560 BALANCE SHEET (Figures in 5 millions) End of Start of Assets $ 88 2,332 182 157 2,478 $ $ 3,464 19,963 3,787 19,205 $ 27,633 $ 27,452 Cash and marketable securities Receivables Inventories Other current assets Total current assets Net property, plant, and equipment Other long-term assets Total assets Liabilities and shareholders' equity Payables Short-ters debt Other current liabilities Total current liabilities Long-term debt and leases other long-ters liabilities Shareholders equity Total liabilities and shareholders' equity $ 2.554 $ 3,30 1,568 $ 5,350 6,160 $ 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.) a. Return on equity (use average balance sheet figures) b. Return on assets (use average balance sheet figures) c. Return on capital (use average balance sheet figures) d. Days In Inventory (use start-of-year balance sheet figures) e. Inventory tumover (use start-of-year balance sheet figures) 4. Average collection period (use start-of-year balance sheet figures) g. Operating profit margin h. Long-term debt ratio (use end-of-year balance sheet figures) Total debt ratio (use end-of-year balance sheet figures) Times interest eamed k. Cash coverage ratio Current ratio (use end-of-year balance sheet figures) m. Quick ratio (use end-of-year balance sheet figures)