please review and answer the following attachment. There are two attachments
yLU X Lu McGraw Hill Connect: BUSI 530 x Question 7 - Homework: Measur x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F9%252Fims.mheducation.com%252Fmghmiddleware%252Fmheproducts%25 ESPN: The Worldwi... Shalimar Weather -... G Google (https://searchsafe.n... New Tab |Bookmarks Homework: Measuring Corporate Performance Assignment i Saved Help 7 Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Turnover and the average collection period are calculated using start-of-year, not average, values. (Enter your answers in millions. Round intermediate calculations and final answers to 2 decimal places.) 2.5 INCOME STATEMENT points (Figures in $ millions) Skipped Net sales Cost of goods sold Selling, general, and administrative expenses 24.00 eBook Depreciation 34.00 Print Earnings before interest and taxes (EBIT) Interest expense Income before tax Tax (35% of income before tax) Net income BALANCE SHEET (Figures in $ millions) This Year Last Year Assets $ 34 Cash and marketable securitiesC ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fm Apps ESPN: The Worldwi... Shalimar Weather -. G Google https://searchsafe.n. New Tab Bookmarks Homework: Measuring Corporate Performance Assignment i Saved 7 BALANCE SHEET 2.5 (Figures in $ millions) points This Year Last Year Assets Skipped Cash and marketable securities $ 34 Accounts receivable 48 eBook Inventories 40 Print Total current assets $ 122 Net property, plant, and equipment 39 Total assets $ 161 Liabilities and shareholders equity Accounts payable $ 20 00 $ 15 Notes payable 30.00 35 Total current liabilities $ 50 Long-term debt 22/ Shareholders' equity 89 Total liabilities and shareholders equity $ 280.00 $ 161 Mc 7 of 8 Next > Graw