NOVA INCOME STATEMENT NOVA Corp. 1/31 Net sales (in millions) Less: Cost of goods sold Gross Profit Selling & administrative expense Depreciation expense Total Operating Expense Operating Income Interest Income Interest Expense Earnings before taxes Income taxes Net income 2020 10,918 4,150 6,768 3,541 381 3,922 2,846 176 52 2019 11,716 4,545 7,171 3,105 262 3,367 3,804 150 58 3,896 -245 $4,141 174 $2,796 NOVA BALANCE SHEET Assets: (in Millions) Cash and marketable securities Accounts receivable Inventories Other current assets Total current assets Net fixed assets Other assets Total assets LIABILITIES: Accounts payable & Accruals Notes payable Other Current Liabilities Total current liabilities Long-term debt Owner's equity Total liabilities and owner's equity 2020 $10,897 $1,657 979 157 $13,690 $2,292 $1,332 $17,314 2019 $7,422 $1,424 1,575 136 $10,557 $1,404 $1,331 $13,292 $1,176 $1,467 91 226 $1,784 3,326 12,204 $17,314 153 $1,329 2,621 9,342 $13,292 2020 Other Data Ordinary Shares Outstanding (M) Market Price Tax Rate 612 $240.00 5.86% 2019 606 $137.26 3.16% QUESTION 6 Calculate Nova's 2020 Total Asset Turnover Ratio QUESTION 7 Calculate Nova's 2020 Debt to Capital Ratio [as a percent] QUESTION 8 Calculate Nova's 2020 Times Interest Earned Ratio QUESTION 9 Calculate Nova's 2020 Operating Profit Margin Ratio QUESTION 10 Calculate Nova's 2020 Net Profit Margin Ratio