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 2020 $ 5,640,000 2,943,000 290,300 1,555,000 $ 851,700 141,000 $ 710, 700 318,300 $ 392,400 2020 2019 $ 47,900 646,000 479,600 $ 1,173,500 3,049,000 $ 4,222,500 $ 59,000 1,019,300 709,000 $ 1,787,300 4,152,000 $ 5,939,300 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 $ 335,200 493,000 $ 828,200 2,213,600 $ 3,041,800 $ 314,600 866,100 $ 1,180,700 $ 4,222,500 $ 687,000 840,500 $ 1,527,500 3,363,500 $ 4,891,000 $ 314,600 733,700 $ 1,048,300 $ 5,939,300 Answer is complete but not entirely correct. a. 4.95 b. 2.58 C. $ $ 933,600 53.91 . d. days e. 1.11 Inventory turnover ratio in 2020 Debt/equity 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. g. h. 6.04 15.10 % 35.21 X % j. k. 3.81 710,700 X $