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Here are simplified finsncisl statements for Phone Corporstion in 2 0 2 0 : INCDME STATEMENT ( Figures in $ millions ) Net sales Cost
Here are simplified finsncisl statements for Phone Corporstion in :
INCDME STATEMENT
Figures in $ millions
Net sales
Cost of goods sold
Other expenses
Depreciation
Earnings before interest and taxes EBIT
Interest expense
Incone before tax
Taxes at
Net incone
Dividends
BALANCE SHEET
Figures in $ rillions
End of Year start of Year
Assets
Cash and rarketable securities
Receivables
Inventories
Other current assets
Total current assets
Net property, plant, and equipment
Other longtern assets
Total assets
Liabilities and shareholders' equity
Payables
Sharttern debt
other current liabilities
Total current liabilities
Longterm dabt and lesses
other longtern liabilities
Shareholders' equity
Total liabilities and sharcholders' equity
Colculate the following financial ratios for Phone Corporation:
Note: Use days in a year. Do not round Intermedlate calculations. Round your final answers to decimal places.
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