fill in the missing ratios using the 2018 financial statements

Use the DelCo. 2017 Financial Statements to answer questions 1 Questions 1-11 (33 points) Fill in the missing ratios for DelCo. ba (end of the exam). There are 11 ratios to calculate - each one is wort and the ratios you find to answer questions 12 and 13. tab Industry Average Cur caps lock Ratio DelCo. Current Ratio 1.2 1) 2.0 shift Cur 2) Quick Ratio 1.4 3) Inventory Turnover 7.5 AU ctrl Days Sales 4) Outstanding 45 5) Fixed Assets Turnover 199 Total Assets Turnover 1 2.1 Aje Sa 6) 1.3 7) Debt Ratio 51% Times-Interest Earned 8) Ratio 7.5 Profit Margin 9) 9.2% 10) Return on Assets 11.0% Reliable P 11) Return on Equity 17% Use Delco. Financial Statements for Questions-S DelCo.: Balance Sheet as of 12/31/18 (thousands of dollars) Assets Liabilities and equity Accounts payable Notes payable Other current liabilities Cash and cash equivalents Accounts Receivable Inventories Total current assets Net fixed assets $24,000 52,500 $35,000 13,500 35.000 84.000 Total current liabilities $160,500 $83,500 90,500 Long-term debt Common equity Total liabilities and equity 220,400 206.900 Total assets $380.900 $380.900 DelCo.: Income Statement for Year Ended 12/31/18 (thousands of dollars) $440,000 Sales 300,000 Cost of goods sold 19.660 Selling, general, and administrative expenses $120,340 EBIT 52.000 Interest Expense $68,340 EBT Taxes (40%) 27.336 Net Income $41.004