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NetsalesCostofgoodssoldOtherexpensesDepreciationEarningsbeforeinterestandtaxes(EBIT)InterestexpenseIncomebeforetaxTaxes(at21%)NetincomeDividends(Figuresin$millions)$13,1934,0604,0492,518$2,566685$1,881$195$1,040$186 BALANCE SHEET (Figures in $ millions) Assets End of Year start of Year Cash and marketable securities Receivables Inventories other current assets Total current

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NetsalesCostofgoodssoldOtherexpensesDepreciationEarningsbeforeinterestandtaxes(EBIT)InterestexpenseIncomebeforetaxTaxes(at21%)NetincomeDividends(Figuresin$millions)$13,1934,0604,0492,518$2,566685$1,881$195$1,040$186 BALANCE SHEET (Figures in $ millions) Assets End of Year start of Year Cash and marketable securities Receivables Inventories other current assets Total current assets Net property, plant, and equipment other long-term assets Total assets Liabilities and shareholders' equity Payables Short-term debt other current liabilities Total current liabilities Long-term debt and leases Other long-term liabilities Shareholders' equity Total liabilities and shareholders' equity \begin{tabular}{rr} $89 & $158 \\ 2,382 & 2,490 \\ 187 & 238 \\ 867 & 932 \\ \hline$3,525 & $3,818 \\ 19,973 & 19,915 \\ 4,216 & 3,770 \\ \hline$27,714 & $27,503 \\ \hline$2,564 & $3,040 \\ 1,419 & 1,573 \\ 811 & 787 \\ \hline$4,794 & $5,400 \\ 7,018 & 6,833 \\ 6,178 & 6,149 \\ 9,724 & 9,121 \\ \hline$27,714 & $27,503 \\ \hline \end{tabular} Calculate the following financial ratios for Phone Corporation: Note: Use 365 days in a year. Do not round intermediate calculations. Round your final answers to 2 de

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