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i just meed answers to B, C, G, H, M Here are simplified financial statements for Phone Corporation in a recent year: INCOME STATEMENT (Figures

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Here are simplified financial statements for Phone Corporation in a recent year: INCOME STATEMENT (Figures in $ millions) Net sales Cost of goods sold Other expenses Depreciation Earnings before interest and taxes (EBIT) Interest expense Income before tax Taxes (at 35%) Net income Dividends $ 13,700 4,360 4,947 2,698 $ 2,595 715 $ 1,880 658 $ 1,222 $ 916 BALANCE SHEET (Figures in $ millions) End of Year Assets 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-term debt Other current liabilities Total current liabilities Long-term debt and leases Other long-term liabilities Shareholders' equity Total liabilities and shareholders' equity $ 95 2,682 217 897 $ 3,891 20,033 4,276 $ 28, 200 Start of Year $ 164 2,610 268 962 $ 4,004 19,975 3,830 $ 27,809 $ 2,624 1,449 841 $ 4,914 5,524 6,238 11,524 $ 28,200 $ 3, 100 1,603 817 $ 5,520 5,759 6,209 10,321 $ 27,809 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) t. Average collection period (use start-of-year balance sheet figures) 9. Operating profit margin h. Long-term debt ratio (use end-of-year balance sheet figures) 1. Total debt ratio (use end-of-year balance sheet figures) 1. Times interest earned k Cash coverage ratio 1. Current ratio (use end-of-year balance sheet figures) m. Quick ratio (uso end-of-year balance sheet figures) 11.191% 6.92% 11.69% 22.44 days 16.27 69.54 days 18 94% 1.02 0.59 3.63 7.40 0.79 0.75 Answer is complete but not entirely correct. on equity (use average balance sheet figures) on assets (use average balance sheet figures) on capital (use average balance sheet figures) inventory (use start-of-year balance sheet figures) y turnover (use start-of-year balance sheet figures) collection period (use start-of-year balance sheet figures) ng profit margin mm debt ratio (use end-of-year balance sheet figures) bt ratio (use end-of-year balance sheet figures) iterest earned werage ratio ratio (use end-of-year balance sheet figures) itio (use end-of-year balance sheet figures) 11.19% 4.36 X 11.39 X % 22.44 days 16.27 69.54 days 18.94 X % 1.02 X 0.59 3.63 7.40 0.79 0.75 X

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