Use the following financial statements for Florida Inc. to compute the 1) Inventory turnover 2) Total debt to total capital 3) P/E

Florida Inc. Balance Sheets, Income Statements and Additional Information for Year Ending December 31
					(Millions of Dollars, Except for Per Share Data)
Balance Sheet			2019
Assets
Cash and equivalents			$4,156.00
Accounts receivable			$12,980.00
Inventories			$8,920.00
Total current assets			$26,056.00
Net property, plant & equipment (PP&E)			$13,405.00
Total assets			$39,461.00
Liabilities and Equity
Accounts payable			$7,410.00
Notes payable			$5,460.00
Accruals			$4,290.00
Total current liabilities			$17,160.00
Long-term bonds			$7,800.00
Total liabilities			$24,960.00
Common stock			$6,921.00
Retained earnings			$7,580.00
Total common equity			$14,501.00
Total liabilities and equity			$39,461.00
Income Statement			2019
Net sales			$68,500.00
COGS			$40,000.00
Other operating costs			$14,698.00
Depreciation			$1,024.00
Earnings before interest and taxes (EBIT)			$12,778.00
Less interest			$829.00
Pre-tax earnings			$11,949.00
Taxes (21%)			$2,509.29
Net income available to common stockholders			$9,439.71
Additional Information
Common dividends			$6,135.81
Addition to retained earnings			$3,303.90
Number of common shares			1,500
Common stock price per share			$98.00
Lease payments			$5
Bonds' required sinking fund payments			$40
Tax rate			21%
WACC			22%
Days			365