Modern Appliances Corporation has reported its financial results for the year ended December 31, 2017.

Modern Appliances Corporation Income Statement for the Fiscal Year Ended December 31, 2017
Net Sales	$5,398,412,000
Cost of goods sold	3,432,925,255
Gross profit	$1,965,486,745
Selling, general, and admin. expenses	1,036,311,231
Depreciation	299,928,155
Operating income	$ 629,247,359
Interest expense	35,826,000
EBT	$ 593,421,359
Income taxes	163,104,554
Net earnings	$ 430,316,805

Modern Appliances Corporation Balance Sheet as of December 31, 2017
Assets:			Liabilities and Equity:
Cash and cash equivalents	$ 514,412,159		Short-term borrowings	$ 117,109,865
Accounts receivable	1,046,612,233		Trade accounts payable	466,937,985
Inventory	981,870,990		Other current liabilities	994,289,383
Other current assets	313,621,610
Total current assets	$2,856,516,992		Total current liabilities	$1,578,337,233
Net fixed assets	754,660,275		Long-term debt	1,200,691,565
Goodwill	118,407,710		Common stock	397,407,352
Other assets	665,058,761		Retained earnings	1,218,207,588
Total assets	$4,394,643,738		Total liabilities and equity	$4,394,643,738

Using the information from the financial statements, complete a comprehensive ratio analysis for Modern Appliances Corporation.

a. Calculate these liquidity ratios: current and quick ratios.

b. Calculate these efficiency ratios: inventory turnover, accounts receivable turnover, DSO.

c. Calculate these asset turnover ratios: total asset turnover, fixed asset turnover.

d. Calculate these leverage ratios: total debt ratio, debt-to-equity ratio, equity multiplier.

e. Calculate these coverage ratios: times interest earned, cash coverage.

f. Calculate these profitability ratios: gross profit margin, net profit margin, ROA, ROE.

g. Use the DuPont identity after calculating the component ratios to compute ROE.