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

Balance Sheet
	End of Year		Start of Year
Assets
Current assets:
Cash and marketable securities	1,884		3,238
Accounts receivable	988		843
Inventories	1,095		1,115
Other current assets	289		292
Total current assets	4,256		5,488
Fixed assets:
Net fixed assets	3,527		3,213
Other long-term assets	3,068		2,849
Total assets	10,851		11,550
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable	2,248		1,944
Other current liabilities	803		3,430
Total current liabilities	3,051		5,374
Long-term debt	2,052		1,303
Other long-term liabilities	398		364
Total liabilities	5,501		7,041
Total shareholders' equity	5,350		4,509
Total liabilities and shareholders equity	10,851		11,550
Income Statement
Net sales	16,452
Cost of goods sold	6,863
Selling, general, and administrative expenses	5,659
Depreciation	714
Earnings before interest and taxes (EBIT)	3,216
Interest expense	68
Taxable income	3,148
Tax	1,096
Net income	2,052
Dividends	787
Addition to retained earnings	1,265
(figures in $ millions)

Assume a tax rate of 35%. Calculate the following using balance-sheet figures from the start of the year:

a. Calculate the return on assets. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Return on assets %

b. Calculate the operating profit margin. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Operating profit margin %

c. Calculate the sales-to-assets ratio. (Round your answer to 2 decimal places.)

Sales-to-assets ratio

d. Calculate the inventory turnover. (Round your answer to 2 decimal places.)

Inventory turnover

e. Calculate the debt-equity ratio. (Round your answer to 2 decimal places.)

Debt-equity ratio

f. Calculate the current ratio. (Round your answer to 3 decimal places.)

Current ratio

g. Calculate the quick ratio. (Round your answer to 4 decimal places.)

Quick ratio