Long term debt ratio = 0.3Times interest earned = 8.0Current ratio = 1.4Quick ratio = 1.0Cash ratio= 0.4Inventory turnover = 4.0Average collection period = 73 days

Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Inventory turnover, average collection period, and return on equity are calculated using start-of-year, not average, values. Note: Enter your answers in millions. Round intermediate calculations and final answers to 2 decimal places. Show less A BALANCE SHEET (Figures in $ millions) This Year Last Year Assets Cash and marketable securities 26.00 Accounts receivable 40.00 Inventories 32.00 Total current assets 98.00 Net property, plant, and equipment 31.00 Total assets 129.00 Liabilities and shareholders' equity Accounts payable 20.00 15.00 Notes payable 30.00 35.00 Total current liabilities 50.00 Long-term debt 26.00 Shareholders' equity 53.00 Total liabilities and shareholders' equity 175.00 129.00