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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

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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 decimal places except $ amounts.) Income Statement Sales Cost of goods sold Depreciation Selling & admin. expenses EBIT Interest expense Taxable income Taxes Net income 2017 $ 5,610,000 2,917,000 287,300 1,539,000 $ 866,700 134,000 $ 732,700 327,300 $ 405, 400 2017 2016 $ 49,500 658,000 488,500 $ 1,196,000 3,098,000 $ 4,294,000 $ 47,000 811,200 564,300 $ 1,422,500 3,296,000 $ 4,718,500 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 $ 340,300 488,000 $ 828,300 2,414,200 $ 3,242,500 $ 313,500 738,000 $ 1,051,500 $ 4,294,000 $ 536,000 655,200 $ 1,191,200 2,621,200 $ 3,812,400 $ 313,500 592,600 $ 906, 100 $ 4,718,500 a. Inventory turnover ratio in 2017 b. Debt/equity ratio in 2017 c. Cash flow from operating activities in 2017 d. Average collection period e. Asset turnover ratio days % f. Interest coverage ratio g. Operating profit margin h. Return on equity j. Compound leverage ratio k. Net cash provided by operating activities %

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