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table [ [ Long - term debt ratio, 0 . 3 ] , [ Times interest earned, 1 0 . 0 ] , [

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\table[[Long-term debt ratio,0.3],[Times interest earned,10.0],[Current ratio,1.4],[Quick ratio,1.0],[Cash ratio,0.4],[Inventory turnover,5.0],[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.
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Income Statement
Balance Sheet
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.
Note: Enter your answers in millions. Round intermediate calculations and final answers to 2 decimal places.
\table[[INCOME STATEMENT,],[(Figures in $ millions),],[Net sales,],[Cost of goods sold,12.00],[Selling, general, and administrative expenses,],[Depreciation,22.00],[Earnings before interest and taxes (EBIT),],[Interest expense,],[Income before tax,],[Tax (35% of income before tax),],[Net income,]]
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