The following information was gathered from a company's balance sheet and income statement. Question Title (11) IE 12-01 (Static) Using Excel to Calculate Risk Ratios [LO 12-3] Check Answers Legend Graded cell: Leave blank if no answer is needed. Scratchpad: Use as a non-graded workspace Required: Use the information above to calculate the financial ratios listed below. After you complete column D, ratio values will auto-populate in column F. (Use cells A2 to C24 from the given information above to complete the question. Note that you are permitted to enter the hardcoded number "2" when calculating averages.) Receivables turnover ratio: Average collection period: Inventory turnover ratio: \begin{tabular}{c} Cost of goods sold \\ \hline Average inventory \end{tabular} Average days in inventory: Debt to equity ratio: StockholdersequityTotalliabilities= Times interest earned ratio: InterestexpenseNetincome+Interestexpense+Taxexpense= ** Assume all sales were credit sales *** Current investments, if reported, would also be added in the numerator