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Problem 19-1 Use the financial statements of Helfer Sports Inc. to find the information below for Helfer (Use 365 days a year. Round all answers

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Problem 19-1 Use the financial statements of Helfer Sports Inc. to find the information below for Helfer (Use 365 days a year. Round all answers to 2 decimal places except $ amounts.) Incora statement Sales Coat of goods sold Depreciation Selling admin. expensen ERIT 2017 $ 5.630.000 2,936,000 289.400 1,550,000 854.600 138,000 716.600 320, 300 396,300 Interest expense Taxable income Taxes Net income 2017 2016 48.000 649,000 481.800 $1,179,200 3,060,000 4.239.200 54,000 932.200 648,400 $1,634,600 3.793,000 $ 5,427,600 Balance sheet, Year-End Assets Cash Accounts receivable Inventory Total current assets Fixed assets Total assets Liabilities and stockholders' Equity Accounts payable Short-term debt Total current liabilities Long-term bonds Total liabilities Comon stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 336,400 491,000 827.400 2,282,400 $ 3,109,800 $ 313,900 815,500 $1,129,400 $ 4,239,200 $ 623,000 762,200 1.385,200 3,049,300 4.434,500 313,900 679,200 $ 993, 100 $5,427,600 48,400 649,000 481,800 $ 1,179,200 3,060,000 $ 4,239,200 54,000 932,200 648,400 $ 1,634,600 3,793,000 $ 5,427,600 Assets Cash Accounts receivable Inventory Total current assets Fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Short-term debt Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 336,400 491,000 $ 827,400 2,282,400 $ 3,109,800 $ 313,900 815,500 $ 1,129,400 $ 4,239,200 $ 623,000 762,200 $ 1,385,200 3,049, 300 $ 4,434,500 $ 313,900 679,200 $ 993,100 $ 5,427,600 days a. Inventory turnover ratio in 2017 b. Debt/equity ratio in 2017 c. Cash flow from operating activities in 2017 d. Average collection period e. Asset turnover ratio f. Interest coverage ratio g. Operating profit margin h. Return on equity 1. Compound leverage ratio k. Net cash provided by operating activities

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