Statement of income data $9,587 $4.732 Net sales 8,067 4,152 Cost of goods sold Selling and administrative expenses 572 130 530 181 Interest expense Other expenses 26 9 Income taxes 153 92 $239 $168 5723 $348 Net income Statement of cash flows datu Not cash intlow from operating activities Net increase in cash during the year Statement of financial position data Endover ble Canh 110 26 SO $27 Other current 1953 991 Lones 5592 3.641 You 57.852 55.0 Current $1.00 Slicy MacBook Air 3 S 4 % 5 & 7 6 8 9 0 Q W E R . Y U S D F G H J K L N X C V B B. N M $1,092 $809 4,414 3.131 2.346 1,119 $7,852 $5,059 Current liabilities Long-term debt Total shareholders' equity Total liabilities and shareholders equity Beginning-of-year balances: Total assets Total shareholders' equity Other data: Average net receivables Average inventory $7.208 $4,582 1.738 1.048 $1.106 $656 B04 508 (a) For each company, calculate the following ratios: (Round accounts receivable tumover, inventory turnover and current ratio to 2 decimal places, es 14.83. Round net debt as a percentage of total capitalization to 2 decimal places, cs.0.83. Round average collection period, days to sell inventory, interest coverage, return on asset, return on equity, cash flows to total liabilities, gross margin and profit margin 12 vil. Return on equity 11.70 % 15.51 % vili Cash flows to total liabilities % % 96 ix. Gross margin % % X Profit margin e Textbook and Media Attempts: 0 of 2 used Submit Answer Save for Later Last saved 4 days ago