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Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Turnover and

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Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Turnover and the average collection period are calculated using start-of-year, not average, values.

image text in transcribed
Langlemi dam rain: [I 3 melmsleaalned E l] Cumnl lah'o 1 A Quickialio 1 a Cash rallu 0.4 lllvallnlvlmlmer 4 Avaage cullemim period 13 days Uselhe abave irueimaneu 1mm me lahles to work out me lellawiug mesing ankles. and men calculale the company's relim an equity Nme' Tummei and me average eelleeuen pemd are calculaleil using mamas. nmaverage. llama, (Elma: youranswers in millinm. Round intermediate mlclllalimls and nal nln'wels in 2 decimal plum) INDOOE STATEMENT (FIIIIIH ii: miluiusl Mel sales I coal mum sell: Selling geneial, and admnn'LrEhI/e exp-em 13m Depremlim 25m Earring. more mlemam tam (EBIT) Inleres'l expense Income nelure lax T316596 Dfincume m lax) Mel lllcm'lle BALANCE SHEET (Flues ill 3 milinnsl Tnls veer La: Var Asses m and "lemme sstuliUIE 5 Animus receivable Invanlone Timil current nets 5 Mel DluDeny. Ham. and minimum] 1 Tulal asses 5 1m LlatiieS and S'Ialehllh'ief' Emily Aceuunls payable :5 20 all 5 Nine: payaue 30 all Tmal current Marina. 5 Lunlrmml nem Sflnllnlde's' equity Tetal lemme: and snarelmluers' Equll'y :5 I75 all s 1 SEES: m mwasma

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