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View Policies Current Attempt in Progress You have been presented with the following selected information from the financial statements of one of Canada's largest dairy

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View Policies Current Attempt in Progress You have been presented with the following selected information from the financial statements of one of Canada's largest dairy producers. Saputo Inc in 5 millions 2019 2018 2017 Statement of financial position Accounts recewable Inventory Total current assets Total assets Current abilities Total liabilities $1.248 1.681 3.134 9886 1,932 4,465 $ 945 1234 2422 8,003 1.293 3.205 5863 1.172 2,380 7.597 1.193 3.274 Statement of income Sales Cost of goods sold Interest expense Income tax expense Nerince $13,502 9,179 67 230 755 $11,542 7.961 34 97 352 $11.163 7,600 37 309 731 (a) Calculate each of the following ratios for 2019 and 2dis. (Round answers to 1 decimal place, es. 12.5% or 6.5:1 or $2.6) 2019 2018 tin millions) 1 Current ratio 11 ? times times Receivables turnover times 3 Inventory turnover Debt to total assets times times Times interest earned

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