Here are simplified financial statements of phone corporation from a recent year 13,197 Income Statement (illions of dollars) Niet sales Cost of goods sold Other expenses Depreciation Earnings before interest and taxes (EBIT) Interest expenses Income before tax Taxes Net Income Dividends 2,514 2,574 1.685 566 1,319 354 Start of Year Statement of Flandia Position (illions of dollars) End of Year Assets Cash and marketable Securities 91 Receivables 2,378 Inventories 189 Other current assets 355 Total current assets 3,523 Net property, plant, and equipment 19.969 Other long-term assets 4.210 Total assets 27,710 Liabilities and shareholders equity: Payables 2,566 Short-term debt 1.417 Other current liabilities 32) Total current abilities 4.796 Long-term debt and leases 2,026 Other long-term Tibialties 6,100 Shareholders equity 9,706 Total liabilities and shareholders' equity 27.710 160 2,486 340 930 3.816 19,931 3,772 7,299 3,042 1,571 799 5,482 6,829 6,151 9.117 27,499 Calculate the following financial rotos. Assume 365 days in the year In case either the value of the asset at the start of the year or ar the end of the year moy be used to calculate a ratio, use the year-end value in your calculations (Do not round intermediate calculations, Round your final answers to 2 decimal places.) Long-term debt ratio Totalentre Stent of the Position of dollars) Year 160 2,406 240 1165 10.969 4,210 27,710 Assets: Cash and marketable securities Receivables Inventories Other current assets Total current assets Net property, plant, and equipent Other long term assets Total assets Llabilities 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 llabilities and shareholders' equity 3,816 19,911 3,772 27,499 3,042 1,572 789 2,566 1,417 813 4,796 2.026 0,100 9,708 27,710 5,402 6,829 6,151 9,117 27,499 Calculate the following financial ratios. Assume 365 days in the year In case either the value of the asset at the start of the year or at the end of the year may be used to calculate a ratio, use the year-end value in your calculations. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.) a Long-term debt rato b Total debt ratio C Times interest earned d Cash coverage ratio e Current ratio Quick ratio 0 Operating profit margin Inventory turnover 11 Days in inventory Average collection period K Return on equity Return on assets m Payout ratio % times days day's 96 96