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 21s) Net income Dividends 513,400 4,210 4,102 4,1022,608$2,480 $1,780700 $1,486374 $886 BALANCE SHEET (Figures in $ millions) Assets End of Year start of Year 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-tern debt and leases other long-term liabilities Shareholders' equity Total liabilities and shareholders' equity \begin{tabular}{rr} $92 & $161 \\ 2,532 & 2,550 \\ 202 & 253 \\ 882 & 947 \\ \hline$3,708 & $3,911 \\ 20,003 & 19,945 \\ 4,246 & 3,800 \\ \hline$27,957 & $27,656 \\ \hline \end{tabular} \begin{tabular}{rr} $2,594 & $3,970 \\ 1,434 & 1,588 \\ 826 & 802 \\ \hline$4,854 & $5,468 \\ 6,271 & 6,296 \\ 6,208 & 6,179 \\ 10,624 & 9,721 \\ \hline$27,957 & $27,656 \\ \hline \end{tabular} Calculate the following financial ratios for Phone Corporation: Note: Use 365 days in a year. Do not round intermediate calculations. Round your final answers to 2 decimal places