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 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 2020 $ 5,820,000 3,097,000 308, 200 1,649,000 a. Inventory turnover ratio in 2020 b. Debt/equity ratio in 2020 C. Cash flow from operating activities in 2020 d. Average collection period $ $ $ 765,800 189,000 576,800 264,500 312,300 Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ $ 2020 $ 1,027,700 2,732,000 $ 3,759,700 303,400 516,000 819,400 1,554,600 $ 2,374,000 $ 38,000 $ 114,000 568,000 421,700 2019 1,980,400 1,377,700 $ 3,472,100 8,163,000 $11,635, 100 $ 1,441,000 1,773,500 $ 3,214,500 7,087,200 $10,301,700 $ 316,800 $ 316,800 1,068,900 $ 1,385,700 $ 3,759,700 1,016,600 $ 1,333,400 $11,635, 100 davs

Use the financial statements of Heifer Sports inc to find the information below for Hefer. (Use 365 days a year. Round all answers to 2 decimat places except $ amounts.) \begin{tabular}{|c|c|c|} \hline \multirow{2}{*}{\multicolumn{3}{|c|}{\begin{tabular}{l} Balance Sheet, Year-End \\ Assets \end{tabular}}} \\ \hline & & \\ \hline Cash & 38,000 & 114,000 \\ \hline Accounts receivable & 568,000 & 1,980,400 \\ \hline Inventory & 421,700 & 1,377,700 \\ \hline Total current assets & $1,027,700 & $3,472,100 \\ \hline Fixed assets & 2,732,000 & 8,163,000 \\ \hline Total assets & $3,759,700 & $11,635,100 \\ \hline Liabilities and Stockholders ' Equity & & \\ \hline Accounts payable & 303,400 & $1,441,000 \\ \hline Short-term debt & 516,000 & 1,773,500 \\ \hline Total current liabilities & $819,400 & $3,214,500 \\ \hline Long-term bonds & 1,554,600 & 7,087,200 \\ \hline Total liabilities & $2,374,000 & $10,301,700 \\ \hline Common stock & $316,800 & $316,800 \\ \hline Retained earnings & 1,068,900 & 1,016,600 \\ \hline Total stockholders' equity & $1,385,700 & $1,333,406 \\ \hline Total liabilities and stockhotders' equity & $3,759,700 & $11,635,100 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|l|}{} & \\ \hline a. & Inventory furnover ratio in 2020 & & \\ \hline b. & Debt/equity ratio in 2020 & & \\ \hline c. & Cash flow from operating activities in 2020 & & \\ \hline d. & Average collection period & & \\ \hline e. & Asset turnover ratio & & \\ \hline f. & Interest coverage ratio & & \\ \hline g. & Operating profit margin & & \\ \hline h. & Return on equity & & \\ \hline j. & Compound leverage ratio & & \\ \hline k. & Net cash provided by operating activities & & \\ \hline \end{tabular}