Long-term debt ratio Times interest earned Current ratio Quick ratio Cash ratio Inventory turnover Average collection periocod 7 & = 0o @ A @ 3 .8 6 @ 3 days IJse the above information from the tables to work out the following missing entries, and then calcL 'quity. Note: Inventory turnover, average collection period, and return on equity are calculated usin 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 on equity. Note: Inventory turnover, average collection period, and return on equity are calculated usin average, values. Note: Enter your answers in millions. Round intermediate calculations and final answers to 2 decimal p INCOME STATEMENT (Figures in $ millions) Met sales Cost of goods sold Selling, general, and administrative expenses 13.00 Depreciation Earnings before interest and taxes (EBIT) Interest expense Income before tax Tax (35% of income before tax) Met income Income o 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, average 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 fi nal answers to 2 decimal places. BALANCE SHEET (Figures in $ millions) This Year Last Year Assets Cash and marketable securities 3 23.00 Accounts receivable 37.00 Inventories 29.00 Total current assets 5 89.00 Net property, plant, and equipment 2800 Total assets 3 117.00 Liabilities and shareholders' equity Accounts payable 5 3000 2500 Notes payable 3500 40.00 Total current liabilities 3 65.00 Long-term debt 23.00 Shareholders' equity 29.00 Total liabilities and shareholders' equity 3 135.00] 117.00