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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

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.)

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Can you help me with these please? I need to know where I went wrong. Please answer fully, and I only need help with questions in red and the unanswered ones. Thank you in advance for any help provided!!

Income Statement Sales Cost of goods sold Depreciation Selling & admin. expenses EBIT Interest expense Taxable income Taxes Net income 2017 $ 5,790,000 3,071,000 305,500 1,635,000 $ 778,500 181,000 $ 597,500 273,500 $ 324,000 ta 2017 2016 $ 39,500 579,000 429,900 1,048,400 2,778,000 $ 3,826,400 $ 104,000 1,805, 200 1,255,800 $ 3,165,000 7,432,000 $ 10,597,000 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 $ 308,300 511,000 $ 819,300 1,648,500 $ 2,467,800 $ 315,900 1,042,700 $ 1,358,600 $ 3,826,400 $ 1,302,000 1,601,200 $ 2,903, 200 6,399,200 $ 9,302,400 $ 315,900 978,700 $ 1,294,600 $ 10,597,000 Answer is not complete. a. 3.64 Inventory turnover ratio in 2017 Debt/equity ratio in 2017 b. C. $ 1.82 (71,100) X 75.15 days 0.80 d. e. f. 4.30 Cash flow from operating activities in 2017 Average collection period Asset turnover ratio Interest coverage ratio Operating profit margin Return on equity Compound leverage ratio Net cash provided by operating activities g. 13.44 X % (5.06) % h. j. k

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