please answer all questions!!

Exhibit 8.1 The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. 2012 $ 1,588.0 9,510.0 13,700.0 $24.798.0 15.272.0 $40.070.0 Balance Sheet (Millions of $) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total debt Common stock Retained earnings Total common equity Total liabilities and equity $ 7,420.0 5,030.0 4,030,0 $16,480.0 10.320.0 $26,800.0 3,720.0 9.550.0 $13.270.0 $40.070.0 Income Statement (Millions of $). Net sales Operating costs except depr'n Depreciation Earnings befint and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income Other data: Shares outstanding (millions) Common dividends (Millions of $) Int rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 2012 $59,700.0 $54,318.0 $ 1,229.0 $ 4,153.0 249.2 $ 3,903.8 $ 1.522.5 $ 2.381.3 180.00 $ 505.72 6.00% 39% $77.05 Refer to Exhibit 8.1. What is the firm's quick ratio? 0.55 0.79 01.11 O 0.67 O 0.93 Refer to Exhibit 8.1. What is the firm's days sales outstanding? Assume a 360-day year for this calculation. O 51.59 0 54.40 48.92 0 46.38 O. 57.35 Refer to Exhibit 8.1. What is the firm's TIE? 16.16 O 16.67 15.95 16.94 16.40 Refer to Exhibit 8.1. What is the firm's debt ratio? 53.58% 66.88% 59.88% 47.91% 42.81% Refer to Exhibit 8.1. What is the firm's profit margin? @ 4.18% 3.79% 0 3.99% 3.62% 3.46% Refer to Exhibit 8.1. What is the firm's EPS? $13.56 $12.91 $12.60 $13.90 $13.23 Refer to Exhibit 8.1. What is the firm's total assets turnover? 02.11 O 1.49 O 1.77 O 1.21 O 0.99 Refer to Exhibit 8.1. What is the firm's EBITDA coverage? O 21.60 O 21.25 21.78 21.97 O 21.78 Refer to Exhibit 8.1. What is the firm's ROE? 19.37% 17.95% 17.50% 18.40% O 18.87% Refer to Exhibit 8.1. What is the firm's P/E ratio? O 5.8 O 6.4 O 7.7 8.4 O 7.0