Question 3 b. The following table gives abbreviated balance sheets and income statements for Tals. Company. Calculate the following: a. Return on assets Operating profit margin C. Sales to assets ratio d. Inventory turnover e. Debt-equity ratio f. Working capital LIABILITIES AND EQUITY current liabilities ASSETS Current assets: Cash and marketable securities Accounts receivable Inventories Other current assets Total current assets Accounts payable Other current liabilities 64.525 22.850 53.025 27.250 31.375 8.200 119.850 Total current liabilities 87.375 Fixed assets: Net fixed assets Other long term assets Total current fixed assets Liabilities and Shareholder's Equity Long term debt Other long term liabilities Total liabilities 101.175 88.100 189.250 WORKING CAPITAL 58.825 11.325 70.150 Total shareholder's equity 151.575 CA CL WC TOTAL ASSETS 309.100 TOTAL LIABILITIES 309.1001 INCOME STATEMENT Net Sales Cost of goods sold Selling general and adminis exp Depreciation Earnings before interest and tax (EBIT) 472.875 197.200 162.575 20.425 92.675 Interest expense Taxable income Tax Net income Dividends Addition to retain earnings 1.850 90.825 27.247 63.578 14.775 48.803 Weight: This task is a 40% of your total grade for this subject