Long-term debt ratio	0.4
Times interest earned	8.0
Current ratio	1.4
Quick ratio	1.0
Cash ratio	0.2
Inventory turnover	5.0
Average collection period	73	days

Use the above information from the tables to work out the following missing entries, and then calculate the companys 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.)

Net sales Cost of goods sold Selling, general, and administrative expenses Depreciation Earnings before interest and taxes (EBIT) Interest expense Income before tax Tax (35% of income before tax) Net income 10.00 20.00 BALANCE SHEET (Figures in $ millions) This Year Last Year Assets Cash and marketable securities Accounts receivable Inventories 20 34 26 80 25 105 Total current assets Net property, plant, and equipment Total assets Liabilities and shareholders' equity S 25.00$ Accounts payable Notes payable 20 30.00 35 Total current liabilities Long-term debt Shareholders' equity 20 30 105 Total liabilities and shareholders' equity S 115.00 $