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Your answer is partially correct. You have been presented with the following selected information from the financial statements of one of Canada's largest dairy producers, Saputo Inc. (in $ millions): 2019 2018 2017 Statement of financial position Accounts receivable Inventory Total current assets Total assets Current liabilities Total liabilities $1,248 1,681 3.134 9.886 1.932 4,465 $ 945 1,234 2.422 8.003 1.293 3,205 $863 1,172 2,380 7.597 1,193 3.274 Statement of income Sales Cost of goods sold Interest expense Income tax expense Net Income $13,502 9.179 67 230 755 $11,542 7.961 34 $11.163 7.680 37 309 731 97 852 Current abilities Total liabilities 1,932 4,465 1,293 3,205 1.193 3,274 Statement of income Sales Cost of goods sold Interest expense Income tax expense Net Income $13,502 9,179 67 230 755 $11,542 7.961 34 97 852 $11.163 7,680 37 309 731 (a) Calculate each of the following ratios for 2019 and 2018. (Round answers to 1 decimal place, c.8. 17,5% or 6,5:1 or $2.6.) (in millions) 2019 2018 1 Current ratio 1 +1 2 Receivables turnover 13 times times 3. Inventory turnover 14575 times 1203 times 4 Debt to total assets BOB % 78.9 S. Times interest earned 695 times 1053 times Sve for Later Attempts: 1 of 3 used Submit