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The following table gives abbreviated balance sheets and income statements for Walmart. Balance Sheet (figures in $ millions) Fiscal 2019 Fiscal 2018 Assets Current assets:

The following table gives abbreviated balance sheets and income statements for Walmart.

Balance Sheet (figures in $ millions)
Fiscal 2019 Fiscal 2018
Assets
Current assets:
Cash and marketable securities $ 9,465 $ 7,722
Accounts receivable 6,284 6,283
Inventories 44,435 44,269
Other current assets 1,622 3,623
Total current assets $ 61,806 $ 61,897
Fixed assets:
Net fixed assets $ 127,049 $ 111,395
Other long-term assets 47,640 46,003
Total assets $ 236,495 $ 219,295
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable $ 46,973 $ 47,060
Other current liabilities 30,817 30,417
Total current liabilities $ 77,790 $ 77,477
Long-term debt 43,714 43,520
Other long-term liabilities 33,439 18,664
Total liabilities $ 154,943 $ 139,661
Total shareholders' equity 81,552 79,634
Total liabilities and shareholders equity $ 236,495 $ 219,295
Income Statement (figures in $ millions)
Net sales $ 523,964
Cost of goods sold 394,605
Selling, general, and administrative expenses 97,804
Depreciation 10,987
Other income/expenses 2,147
Earnings before interest and taxes (EBIT) $ 22,715
Interest expense 2,599
Taxable income $ 20,116
Tax 4,915
Net income $ 15,201

Assume a tax rate of 21%. Calculate the following using balance-sheet figures from the start of the year and Income statement figures from the end of the year:

Calculate the return on assets.

Note: Enter your answer as a percent rounded to 2 decimal places.

Calculate the operating profit margin.

Note: Enter your answer as a percent rounded to 2 decimal places.

Calculate the sales-to-assets ratio.

Note: Round your answer to 2 decimal places.

Calculate the inventory turnover.

Note: Round your answer to 2 decimal places.

Calculate the debt-equity ratio.

Note: Round your answer to 4 decimal places.

Calculate the current ratio.

Note: Round your answer to 4 decimal places.

Calculate the quick ratio.

Note: Round your answer to 4 decimal places.

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