Please solve c j & k Correctly

Problem 19-1 Use the financial statements of Heifer Sports Inc. to find the information below for Heifer. (Use 365 days a year. Round all answers to 2 decimal places except $ amounts.) Income Statement Sales Cost of goods sold Depreciation Selling & admin. expenses EBIT Interest expense Taxable income Taxes Net income 2017 $ 5,820,000 3,097,000 308, 200 1,649,000 765,800 189,000 576, 800 264,500 312, 300 2017 2016 $ 38,000 568,000 421,700 $ 1,027,700 2,732,000 $ 3,759,700 $ 114,000 1,980, 400 1, 377, 700 $ 3,472,100 8,163,000 $11,635,100 Balance Sheet, Year-End Assets Cash Accounts receivable Inventory Total current assets Fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Short-term debt Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 303,400 516,000 $ 819,400 1,554,600 $ 2,374,000 $ 316,800 1,068,900 $ 1,385, 700 $ 3,759,700 $ 1,441,000 1,773,500 $ 3, 214,500 7,087,200 $10,301,700 $ 316,800 1,016,600 $ 1,333,400 $11,635, 100 Liabilities and Stockholders' Equity Accounts payable Short-term debt Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 303,400 516,000 $ 819,400 1,554,600 $ 2,374,000 $ 316,800 1,068,900 $1,385,700 $ 3,759,700 $ 1,441,000 1,773,500 $ 3, 214,500 7,087,200 $10,301,700 $ 316,800 1,016,600 $ 1,333, 400 $11,635,100 Answer is complete but not entirely correct. a. Inventory turnover ratio in 2017 $ days Debt/equity ratio in 2017 Cash flow from operating activities in 2017 Average collection period Asset turnover ratio Interest coverage ratio Operating profit margin Return on equity Compound leverage ratio Net cash provided by operating activities 3.44 1.71 550,000 X 79.91 0.76 4.05 0.13 0.23 2.04 848,900 % % $