Problem 19-1 Use the financial statements of Heifer Sports Inc. to find the information below for Heifer. (Use 365 days a year. Round all answers to 2 decimal places except $ amounts.) Income Statement Sales Cost of goods sold Depreciation Selling and administrative expenses EBIT Interest expense Taxable income Taxes Net income 2820 $ 5,680,000 2,977,800 294, 300 1,576, eee $ 832,700 155, eee $ 677,700 305,300 $ 372,400 2820 2019 $ 45,500 $ 70, eee 624,000 1,211,200 463,300 842, See $ 1,132,800 $ 2,123,700 2,957, eee 4,952, eee $ 4,089,800 $ 7,075,700 Balance Sheet, Year-End Assets Cash Accounts receivable Inventory Total current assets Fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Short-term debt Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 325,500 494,800 819, see 2,841,200 $ 2,860, 700 $ 312, 300 916,800 $ 1,229,109 $ 4,989,899 $ 836, eee 1,824,500 $ 1,860, 500 4,898,500 $ 5,959, een $ 312, 300 884,400 $ 1,116,700 $ 7,075,700 Answer is not complete. a 4.55 2.32 b. c. d. days Inventory turnover ratio in 2020 Debtlequity ratio in 2020 Cash flow from operating activities in 2020 Average collection period Asset turnover ratio Interest coverage ratio Operating profit margin Return on equity Compound leverage ratio Net cash provided by operating activities f. 96 g. h. 96 j. k