Long$-$term debt ratio

Times interest earned

Current rat$$o

Quick ratio

Cash ratio

Inventory turnover

Average collection period

$0\mathrm{.}1$

$10\mathrm{.}0$

$2$

$1\mathrm{.}0$

$0\mathrm{.}4$

$3\mathrm{.}0$

$73$ days

Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Inventory turnover, average collection period, and return on equity are calculated using start$-$of$-$year, not average, values.

Complete this question by entering your answers in the tabs below.

Income Statement

Balance Sheet

Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Inventory turnover, averaye collection period, and return on equity are calculated using start$-$of$-$year, not average, values.

Note: Enter your answers in millions. Round intermediate calculations and final answers to $2$ decimal places.

Show less $\frac{?}{{?}_{\frac{?}{?}}}$

$\backslash$table$[[$INCOME STATEMENT,$],[($Figures in $ millions$),],[$Net sales,$],[$Cost of goods sold,$],[$Selling$,$ general, and administrative expenses,$],[$Depreciation$,24\mathrm{.}00],[$Earnings before interest and taxes $($EBIT$),],[$Interest expense,$],[$Income before tax,$],[$Tax $(35\%$ of income before tax$),],[$Net income,$]]$

Balance Sheet