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

ONLY FIND LONG TERM DEBT AND SHAREHOLDERS EQUITY FOR BALANCE SHEET!!!

HIGHLIGHT ANSWERS!!!!

Long-term debt ratio Times interest earned Current ratio Quick ratio Cash ratio Inventory turnover Average collection period 0.1 10.0 1.6 0.6 3.0 73 days 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. (Enter your answers in millions. Round intermediate calculations and final answers to 2 decimal places.) Answer is not complete INCOME STATEMENT (Figures in $ millions) Net sales Cost of goods sold Selling, general, and administrative expenses Depreciation 27.00 37.00 Earnings before interest and taxes (EBIT) Interest expense Income before tax Tax (35% of income before tax) Net income Answer is not complete. BALANCE SHEET (Figures in $ millions) This Year Last Year Assets $ 39.0037 51 43 $ 104.00 131 42 $ 275.00173 Cash and marketable securities Accounts receivable Inventories 26.00 39.00 Total current assets Net property, plant, and equipment 171.00 Total assets Liabilities and shareholders' equity $ 25.00$ 40.00 20 45 $ 65.0065 18 90 $ 275.00 173 Accounts payable Notes payable Total current liabilities Long-term debt Shareholders' equity Total liabilities and shareholders' uI