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Use the balance sheet and income statement shown below Balance Sheet (Millions of Assets Cash and securities Accounts receivable Inventories Total current assets Net plant
Use the balance sheet and income statement shown below Balance Sheet (Millions of Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total debt Common stock Retained earnings Total common equity Total liabilities and equity 2017 S 1,554.0 9,660.0 13,440.0 $24,654.0 17,346.0 $42.000.0 7,980.0 5,880.0 4,620.0 $18,480.0 10.920.0 $29,400.0 3,360.0 9,240.0 12.600.0 $420000 Income Statenent Millions of Net sales Operating costs except depr'n Depreciation Earnings bef int and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income Other data: Shares outstanding (millions) Common dividends Int rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 2012 $58,800.0 $54,978.0 2,793.0 1,743.0 610.1 S 1133.0 175.00 509.83 6.25% 35% $77.69 S a.What is the firm's days sales outstanding? Assume a 360-day year for this calculation. What is the firm's total assets turnover? What is the firm's inventory turnover ratio? d.What is the firm's TIE? What is the firm's debt-to-assets ratio? What is the firm's profit margin
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