Use the financial statements of Heifer Sports Inc. in Table 19A to find the following information for Heifer’s:

Table 19A

a. Inventory turnover ratio in 2020.

b. Debt/equity ratio in 2020.

c. Cash flow from operating activities in 2020.

d. Average collection period.

e. Asset turnover ratio.

f. Interest coverage ratio.

g. Operating profit margin.

h. Return on equity.

i. P/E ratio.

j. Compound leverage ratio.

k. Net cash provided by operating activities.

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Income Statement Sales Cost of goods sold Depreciation Selling and administrative expenses EBIT Interest expense Taxable Income Taxes Net Income Balance Sheet, Year-End Assets 2020 $5,500,000 2,850,000 280,000 1,500,000 $ 870,000 130,000 $ 740,000 330,000 $ 410,000 2020 Cash Accounts receivable 50,000 660,000 2019 $ 40,000 690,000 Inventory Total current assets Fixed assets Total assets Liabilities and shareholders' equity Accounts payable Short-term debt Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total shareholders' equity Total liabilities and shareholders' equity 490,000 $1,200,000 3,100,000 $4,300,000 $ 340,000 480,000 $ 820,000 2,520,000 $3,340,000 $ 310,000 650,000 $ 960,000 $4,300,000 480,000 $1,210,000 2,800,000 $4,010,000 $ 450,000 550,000 $1,000,000 2,200,000 $3,200,000 $ 310,000 500,000 $ 810,000 $4,010,000