tement Analysis Saved Hel Use the information in the table below to calculate the following ratios for Windswept Woodworks for year 1 and year 2. (Round your answers to 2 decimal places.) Year 1 880 6,682 178 1,170 Windswept Woodworks, Inc. Input Data (millions of dollars) Year 2 Recounts payable Accounts receivable 1,340 Accumulated depreciation 6,806 Cash equivalents 284 Common stock 1,244 Cost of goods sold 1,500 Depreciation expense Common stock dividends paid 2 Interest expense Inventory 1,074 to retained earnings 602 Long-tern debt 872 Notes payable 230 Grous plantegroipment 10,260 Betained earnings 3.122 Bales Other current abilities 116 Tax rate 340 Market price per share - year end $ 19.00 Wber of shares outstanding 500 million 160 n.. n.a. 1,076 ition . 786 380 10,000 2,526 1.038 96 $ 17.50 500 million a. Interest coverage ratio (Assume that year 1 EBIT was $1.297 and year interest expense was $120) Al Mar Bogra.mp3 ty G Search or type URL 2 3 $ 4 % 5 6 & 7 8 ( 9 0 W E R T Y U 0 S D F G H J K Statement Analysis Seved . a. Interest coverage ratio (Assume that year 1 EBIT was $1.297 and year 1 interest expense was $120.) Year 2 interest Coverage ratio Year 1 interest coverage ratio b. Average collection period (Assume that the accounts receivable balance was $950 on December 31 of the previous year and that year 1 sales were 2700) Year 2 ACP Year 1 ACP days days c. Current ratio Ar Man Begra.mp3 ty 0 c G Search or type URL $ N 3 4 % 5 ( 6 7 8 02 0 W E R T Y U 0 S D F G . J L c. Current ratio Year 2 current ratio Year 1 current ratio d. Quick ratio Year 2 quick ratio Year 1 quick ratio