There are simplified financial statements for Phone Corporation in a recent year: INCOME STATEMENT (Figures in $ millions) Net sales $ 14,100 Cost of goods sold 4,560 Other expenses 4,217 Depreciation 2,818 Earnings before interest and taxes (EBIT) $ 2,505 Interest expense 735 Income before tax $ 1,770 Taxes (at 30%) 531 Net income $ 1,239 Dividends $ 976 BALANCE SHEET (Figures in $ millions) End of Year Start of Year Assets Cash and marketable securities $ 99 $ 168 Receivables 2,882 2,690 Inventories 237 288 Other current assets 917 982 Total current assets $ 4,135 $ 4,128 Net property, plant, and equipment 20,073 20,015 Other long-term assets 4,316 3,870 Total assets $ 28,524 $ 28,013 Liabilities and shareholders equity Payables $ 2,664 $ 3,140 Short-term debt 1,469 1,623 Other current liabilities 861 837 Total current liabilities $ 4,994 $ 5,600 Long-term debt and leases 4,528 5,043 Other long-term liabilities 6,278 6,249 Shareholders equity 12,724 11,121 Total liabilities and shareholders equity $ 28,524 $ 28,013 Calculate the following financial ratios for Phone Corporation: (Use 365 days in a year. Do not round intermediate calculations. Round your final answers to 2 decimal places.)