Question 9 Not yet A manufacturing company's financials reveal the following ratios: answered Points out of 20.0 Ratio/Calculation 2016 2015 2014 2013 2012 Industry Ave. Remove flag 44 45 31 30 30 29 68 69 78 77 78 Day's Sales In Receivables (days) Day's Sales In Inventory (days) Current Ratio Acid Test (Quick) Ratio boere 60 2.7 2.8 2.4 2.5 2.5 2.2 2.1 2.1 1.9 1.8 1.8 1.9 Debt Ratio 40.0% 42.0% 46.0% 45.0% 45.0% 52.0% Times Interest Earned 7.1 7.1 7.1 6.9 6.9 7.1 5.4 5.4 5.9 6.9 6.9 6.5 42.0% 41.0% 42.0% 43.0% 42.0% 40.0% 17.0% 18.0% 21.0% 21.0% 20.0% Fixed Charge Coverage Gross Profit Margin Operating Profit Margin Net Profit Margin Total Asset Turnover Financial Leverage Ratio 18.0% 6.0% 5.0% 5.0% 8.0% 8.0% 8.0% 3.4 3.5 3.4 3.4 3.3 3.5 1.7 1.7 1.9 1.8 1.8 2.1 Using the information presented above, answer/solve the following questions/problems. Part 1) Calculate the debt-to-equity ratio for this company for 2016. Show work for partial credit. (10 points) Part 2) Calculate the approximate Return on Assets (ROA) for this company for the year 2015. Show your work for partial credit. (5 points) Part 3) Calculate the approximate Return on Total Equity (ROE) for this company for 2014. Show your work for partial credit. (5 points)