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Use the following information for Transylvania Railroad: Long-term debt ratio: 0.3 Times-interest-earned: 6.0 Current ratio: 1.8 Quick ratio: 1.0 Cash ratio: 0.5 - Inventory turnover

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Use the following information for Transylvania Railroad: Long-term debt ratio: 0.3 Times-interest-earned: 6.0 Current ratio: 1.8 Quick ratio: 1.0 Cash ratio: 0.5 - Inventory turnover 5.1 Receivables collection period: 36.5 days Tax rate =0.40 Work out the missing entries. For this problem, use the following detinitions: inventory turnover = COGS / average inventory Receivables collection period = average receivables. (sales (365). Enter your answers in millions. Do not round Intermediate calculations. Round your answers to 2 decimal places.) Enter your answers in millions. Do not round Intermediate calculations. Round your answers to 2 decimal p \begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ Income Statement } \\ \hline \multicolumn{1}{|c|}{ (\$ in millions) } \\ \hline Sales & \\ \hline Cost of goods sold & \\ \hline Selling, general, and administrative expenses & \\ \hline Depreciation & \\ \hline EBiT & \\ \hline Interest & \\ \hline Earnings before tax \\ \hline Tax & \\ \hline Earnings available for common stock \\ \hline \end{tabular}

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