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

Income Statement

(figures in $ millions)

Net sales 12000

cost of goods sold 3760

other expenses 4127

Depreciation 2338

earnings before interest and taxes (EBIT) 2375

Interest expense 655

income before tax 2720

taxes (at 35%) 602

net income 1118

dividends 816

Balance Sheet

(figures in $ millions)

end of year start of

year

Assets

cash and marketable securities 83 152

receivables 2082 2370

inventories 157 208

other current assets 837 902

total current assets 3159 3632

net property, plant, and equipment 19913 19855

other long-term assets 4156 3710

total assets 27228 27197

liabilities and shareholders equity

parables 2504 2980

short-term debt 1389 1543

other current liabilities 781 757

total current liabilities 4674 4674

long-term debt and leases 8512 7907

other long-term liabilities 6118 6089

Shareholder's equity 7924 7923

Total liabilities and shareholders' equity 27228 27197

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.)

return on equity (use average balance sheet figures) %

return on assets (use average balance sheet figures) %

return on capital (use average balance sheet figures) %

Days in inventory (Use start of the year balance sheet figures days

inventory turnover (use start of the year balance sheet figures)

average collection period (use start of the year balance sheet figures) days

operating profit margin %

Long-term debt ratio (use end of the year balance sheet figures)

total debt ratio (use end of the year balance sheet figures)

times interest earned

cash coverage ratio (use end of year balance sheet figures)

quick ratio (use end of year balance sheet figures)