Problem 4-22 Financial Ratios (LO3) Long-term debt ratio. 0.3 Times interest earned 8.0 Current ratio 1.1...

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Problem 4-22 Financial Ratios (LO3) Long-term debt ratio. 0.3 Times interest earned 8.0 Current ratio 1.1 Quick ratio 1.0 Cash ration 0.3 Inventory turnover 4.0 Average collection period 73 days Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Inventory turnover, average collection period, and return on equity are calculated using start-of-year, not average, values. Complete this question by entering your answers in the tabs below. Problem 4-22 Financial Ratios (LO3) Long-term debt ratio. 0.3 Times interest earned 8.0 Current ratio 1.1 Quick ratio 1.0 Cash ration 0.3 Inventory turnover 4.0 Average collection period 73 days Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Inventory turnover, average collection period, and return on equity are calculated using start-of-year, not average, values. Complete this question by entering your answers in the tabs below.