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Using the answer sheet, provide the following metrics: working capital* average income tax rate* inventory turnover days' sales in inventory receivables turnover days' sales in receivables payables turnover day's cost in payables cash cycle assets turnover capital intensity ratio ROA ROE current year last year Consolidated Balance Sheet Assets Current assets Cash and cash equivalents Receivables net of allowances Inventories Prepaid expenses Other current assets Total current assets $519 218 500 108 199 1.544 $852 198 441 97 168 1.756 Long term assets Property, Plant and Equipment (net) Investments Deferred income taxes Intangible assets Other long term assets Total long term assets 3,163 63 144 789 38 4.197 2,923 120 132 789 24 3988 Total assets $5.741 $5.744 Liabilities Current liabilities Current portion of long term debt Accounts payable Accrued liabilities Other current liabilities Total current liabilities 3 295 436 518 1.252 2 276 379 600 1.257 Long term liabilities Long term notes payable Other long term debt Other long term liabilities Total long term liabilities 62 587 60 548 66 674 71 720 Total liabilities $1,972 $1,931 Stockholders' equity Common stock Other equity inc treasury stock Retained earnings Total stockholders' equity 2,904 (1,152) 2017 3.769 2,863 (718) 1668 3.813 Total liabilities and stockholders' equity $5.741 $5.744 Retained earnings statement Retained eamings, 1/1 Add net income Less dividends paid Retained earnings 12/31 $1,668 536 187 $2.017 Consolidated income statement Net sales Less cost of goods sold (without depreciation) Gross margin Selling expenses General and administrative expenses Research and development expenses Other operating expenses Depreciation Operating income Interest income Other income (loss) Income before interest and taxes (EBIT) Interest expense Income before taxes Income tax expense (refund) Net income millions $15,389 9.973 5,416 0 4,033 0 16 439 928 0 17 945 67 878 342 $536