Windswept, Inc. 2008 Income Statement ($ in millions) + Net sales $8,450 Less: Cost of goods sold 7,240 Less: Depreciation 400 Earnings before interest and taxes 810 Less: Interest paid 70 Taxable Income $ 740 Less: Taxes 259 Net income $ 481 Windswept, Inc. 2007 and 2008 Balance Sheets (S in millions) Cash 2007 $ 120 $ 140 2008 Accounts payable 2007 2008 $1,110 $1,120 Accounts rec. Inventory Total Net fixed assets Total assets 930 1,520 1,480 $2,530 $2,440 3,150 3,600 $5,680 $6,040 Common stock Retained earnings Total liabilities & equity 780 Long-term debt 840 1,210 3,200 3,000 530 710 $5,680 $6,040 C. What is the cash ratio for 2008? d. What is the inventory turnover ratio for 2008? e. In 2008, how many days on average did it take Winswept to sell its inventory (DIO)? f. What is the receivables turnover ratio for 2008? 30000