Use the information in the table below to calculate the following ratios for Windswept Woodworks for year 1 and year 2. (Round your answers to 2 decimal places.)

Use the information in the table below to calculate the following ratios for Windswept Woodworks for year 1 and year 2. (Round your answers to 2 decimal places.) Windswept Woodworks, Inc. Input Data (millions of dollars) Year 2 Accounts payable 472 Accounts receivable 1,316 Accumulated depreciation 6,782 Cash & equivalents 260 Common stock 1,220 Cost of goods sold 1,500 Depreciation expense ? Common stock dividends paid ? Interest expense 140 Inventory 1,050 Addition to retained earnings 602 Long-term debt 848 Notes payable 230 Gross plant & equipment 10,260 Retained earnings 3,098 Sales 3,018 Other current liabilities 116 Tax rate 34% Market price per share year end $ 19.80 Number of shares outstanding 500 million Year 1 414 860 6,662 158 1,150 n.a. n.a. n.a. n.a. 1,056 n.a. 766 380 10,000 2,506 n.a. 96 n.a. $ 17.50 500 million a. Interest coverage ratio (Assume that year 1 EBIT was 1,297 and year 1 interest expense was 120.) Year 2 interest coverage ratio Year 1 interest coverage ratio 9.99 10.81 b. Average collection period (Assume that the accounts receivable balance was 950 on December 31 of the previous year and that year 1 sales were 2,700.) Year 2 ACP Year 1 ACP 131 days 122 days c. Current ratio Year 2 current ratio Year 1 current ratio 4.24:1 d. Quick ratio 2.68 Year 2 quick ratio Year 1 quick ratio