Statements of Financial Position and Income Statement of Grand Company are shown below: Grand Company Statements of Financial Position As at December 31 ($ in million) 2018 2017 Cash 6.8 3.9 Accounts receivable 42.0 28.0 Inventory 25.0 20.0 Prepaid expenses 0.1 Plant & equipment (net) 130.0 120.0 204.0 172.0 Grand Company Income Statement For the year ended December 31 ($ in million) 2018 Sales 450.0 Cost of goods sold (250.0) Gross profit on sales 200.0 Operating expenses (161.9) Operating profit 38.1 Interest expense (5.1) Profit before taxes Income taxes Profit after taxes 0.2 18.0 Accounts payable Income taxes payable Long-term debts Capital: Ordinary shares Retained earnings 17.0 1.0 70.0 100.0 16.0 204.0 50.0 100.0 2.0 172.0 1 Additional information: (1) Ordinary share's par value was $5 per share. Market price per share on December 31, 2018 was $18 (2) Credit sales represented 40% of total sales. (3) During 2018, the company declared and paid a dividend of $9 million. Required: Calculate the following ratios of the company for 2018. (Express your answers from (viii) to (xi) in % and round ALL answers to 2 decimal places.) (0) Accounts receivable turnover (ii) Inventory turnover (iii) Current ratio (iv) Quick ratio (v) Earnings per share (vi) Price-earnings ratio (vii) Times interest earned (viii) Debt ratio (ix) Dividend yield (x) Return on assets (xi) Return on equity