Long-term debt ratio 0.1 Times interest earned 10.0 Current ratio 1.6 Quick ratio 1.0 Cash ratio Inventory turnover 0.4 4.0 Average 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: Turnover and the average collection period are calculated using start-of-year, not average, values. (Enter your answers in millions. Round intermediate calculations and final answers to 2 decimal places.) INCOME STATEMENT (Figures in $ millions) $ 19.53 Net sales Cost of goods sold Selling, general, and administrative expenses Depreciation Eamings before interest and taxes (EBIT) Interest expense Income before tax Tax (35% of income before tax) Net income Assets 26.00 36.00 BALANCE SHEET (Figures in $ millions) This Year Last Year Cash and marketable securities Accounts receivable Inventories Total current assets $ 36 50 42 $ 128 41 $ 169 Net property, plant, and equipment Total assets Liabilities and shareholders' equity Accounts payable $ 20.00 $ 15 Notes payable 35.00 40 Total current liabilities $ 55.00 $ 55 Long-term debt 20 Shareholders' equity 94 Total liabilities and shareholders' equity $ 270.00 $ 169