The X Companys financial statements are as at December 31, 2018.

Required:

Compute the following and round to one decimal place:

• Liquidity measures
  • Working capital
  • Current ratio
• Profitability measures
  • Profit margin
  • Asset turnover
  • Return on assets
  • Debt to equity ratio
  • Return on equity

Income Statement ($ in Millions) 1998 Balance Sheet ($ in Millions) Assets 1998 Liabilities and 1998 2400 Current Assets Owners' Equity Current Liabilities Sales Cost of Goods Sold Administrative Expenses Depreciation Earnings Before Interest and 800 400 155 1045 Cash Accounts Receivable 70Notes Payable Inventory 200 Acots Payable 400 100 500 400 Total Current Liabilities Asset Current 30_ Long-Term Liabilities Taxes Interest Expense Taxable Income Taxes Net Income Dividends Addition to Retained Earnings 80 965 404 561 151 Long-Term Debt 600 Fixed Assets Total Long-Term Liabilities 600 Property, Plant, and700 Owners Equity Equipment Less Accumulated 500-Common Stock ($1 Par)00 Depreciation Net Fixed Assets 1200 Capital Surplus 600 410 Retained Earnings 100 other Information Number of Shares Outstanding Total Owners' Equity1400 700 F28_ | Total Assets 2500 Total riaEquity Liab, and Owners Equity 2500- Price per Share