Calculate the company's return on equity. 

Long-term debt ratio. Times interest earned Current ratio Quick ratio Cash ratio Inventory turnover Average collection period Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Turnover and the average collection period are calculated using start-of- year, not average, values. (Enter your answers in millions. Round intermediate calculations and final answers to 2 decimal places.) 0.4 8.0 1.3 1.0 0.6 5.0 Net sales Cost of goods sold Selling, general, and administrative expenses Depreciation Earnings before interest and taxes (EBIT) Interest expense Income before tax Tax (35% of income before tax) Net income INCOME STATEMENT (Figures in $ millions) 73 days Accounts payable Notes payable Total current liabilities Long-term debt equity BALANCE SHEET (Figures in $ millions) Assets Cash and marketable securities Accounts receivable Inventories Total current assets Net property, plant, and equipment Total assets Liabilities and shareholders' equity Shareholders' equity Total liabilities and shareholders' 13.00 23.00 This Year Last Year $ $ $ $ 30.00 $ 35.00 $ $ 135.00 $ 23 37 29 89 28 117 25 40 65 23 29 117