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Need help Longterm debt ratio 8.2 Times interest earned 3.6 Current ratio 1.5 2-5 Quick ratio 1.0 DOIm-S Cash ratio 8.9 Inventory turnover 4.0 Skipped

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Longterm debt ratio 8.2 Times interest earned 3.6 Current ratio 1.5 2-5 Quick ratio 1.0 DOIm-S Cash ratio 8.9 Inventory turnover 4.0 Skipped Average collection period 3 days Use the above information from the tables to work out the following missing entries, and then calculate the company's return on EI equity. Note: Turnover and the average collection period are calculated using startofyear, not average, values. {Enter your answers in e3k millions. Round intermediate calculations and final answers to 2 decimal places.) :5: INCOME STATEMENT [Figures in 5 millions] Net sales Cost of goods sold Selling, general, and administrative expenses 1?.00 Depreciation 2?.00 Earnings before interest and taxes (EBIT) Interest expense Income before tax Tax [35% of income before tax) Net income BALANCE SHEEI' [Figures in 5 millions] This Year Last Year Assets Cash and marketable securities 5% 27 Accounts receivable 41 Inventories 33 Homework: Measuring Corporate Performance Assignment i 7 wwws wi ywww Selling, general, and administrative expenses 17.00 Depreciation 27.00 Earnings before interest and taxes (EBIT) 2.5 Interest expense points Income before tax Skipped Tax (35% of income before tax) Net income eBook BALANCE SHEET Print [Figures in $ millions) This Year Last Year Assets Cash and marketable securities 27 Accounts receivable 41 Inventories 33 Total current assets $ 101 Net property, plant, and equipment 32 Total assets $ 33 Liabilities and shareholders' equity Accounts payable $ 20.00 $ 15 Notes payable 30.00 35 Total current liabilities 50 Long-term debt 27 Shareholders' equity 56 Total liabilities and shareholders' equity $ 195.00 $ 133

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