The balance sheet and income statement shown below are for James Madison Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. (SHOW YOUR WORK)

Balance Sheet (Millions of $)
Assets	2019
Cash and securities	$ 1,554.0
Accounts receivable	9,660.0
Inventories	13,440.0
Total current assets	$24,654.0
Net plant and equipment	17,346.0
Total assets	$42,000.0
Liabilities and Equity
Accounts payable	$ 7,980.0
Notes payable	5,880.0
Accruals	4,620.0
Total current liabilities	$18,480.0
Long-term bonds	10,920.0
Total debt	$29,400.0
Common stock	3,360.0
Retained earnings	9,240.0
Total common equity	$12,600.0
Total liabilities and equity	$42,000.0
Income Statement (Millions of $)	2019
Net sales	$58,800.0
Operating costs except depr'n	$54,978.0
Depreciation	$ 1,029.0
Earnings bef int and taxes (EBIT)	$ 2,793.0
Less interest	1,050.0
Earnings before taxes (EBT)	$ 1,743.0
Taxes	$ 610.1
Net income	$ 1,133.0
Other data:
Shares outstanding (millions)	175.00
Common dividends	$ 509.83
Int rate on notes payable & L-T bonds	6.25%
Federal plus state income tax rate	35%
Year-end stock price	$77.69

17. What is the firm's current ratio? (SHOW YOUR WORK)
18. What is the firm's quick ratio? (SHOW YOUR WORK)
19. What is the firm's days sales outstanding? Assume a 360-day year for this calculation. (SHOW YOUR WORK)
20. What is the firm's EBITDA coverage? (SHOW YOUR WORK)
21. What is the firm's ROE? (SHOW YOUR WORK)
22. What is the firm's ROA? (SHOW YOUR WORK)