Use Table 1: Hillside, Inc. Balance Sheet ($ in Millions) information and Table 2: Hillside, Inc. Income Statement ($ in Millions) information to complete Table 3: Financial Ratio Calculations

"Table 1: Hillside, Inc. Balance Sheet ($ in Millions)

ASSETS Assets Information LIABILITIES Liabilities Information

Cash & Marketable Securities 449.90 Accounts Payable 1,611.20

Accounts Receivable 954.80 Salaries Payable 225.20

Inventories 3,645.20 Other Current Liabilities 1,118.80

Other Current Assets 116.60 Total Current Liabilities 2,955.20

Total Current Assets 5,165.27

Other Liabilities 693.40

Machinery & Equipment 1,688.90

Land 1,129.70 Total Liabilities 3,648.60

Buildings 2,348.40

Depreciation (575.60) SHAREHOLDER'S EQUITY Shareholder's Equity Information

Property, Plant, and Equipment (Net) 4,591.40 Common Stock 828.50

Other Long-Term Assets 120.90 Retained Earnings 5,401.70

Total Long-Term Assets 4,712.30 Total Shareholder's Equity 6,230.20

Total Assets 9,877.57 Total Liabilities & Equity 9,878.80

Table 2: Hillside, Inc. Income Statement ($ in Millions)

Revenue 28,681.10

Cost Of Goods Sold 20,768.80

Gross Profit 7,912.30

Operating Expenses:Operating Expenses Information

Selling, General & Admin. 5,980.80

Depreciation 307.30

Operating income 1,624.20

Interest 0

Other Expense (Income) (13.10)

Income Before Taxes1,637.30

Income Taxes618.10

Net Income 1,019.20

Number of Common Stock

Shares Outstanding 1,032,271"

to complete theTable 3: Financial Ratio Calculations below:

Table 3: Financial Ratio Calculations
Calculate 3 Liquidity Ratios	Liquidity Ratios Answers
Current Ratio (times)	Input the current ratio.
Quick Ratio (times)	Input the quick ratio.
Average Payment Period (days)	Input the average payment period.
Calculate 3 Asset-Management Ratios	Asset-Management Ratios Answers
Total Asset Turnover (times)	Input the total asset turnover.
Average Collection Period (days)	Input the average collection period.
Inventory Turnover (times)	Input the inventory turnover.
Calculate 2 Financial Leverage Ratios	Financial Leverage Ratios Answers
Total Debt to Total Assets	Input the debt to total assets.
Equity Multiplier (times)	Input the equity multiplier.
Calculate 5 Profitability Ratios	Profitability Ratios Answers
Operating Profit Margin	Input the operating profit margin.
Net Profit Margin	Input the net profit margin.
Return on Total Assets	Input the return on total assets.
Return on Equity	Input the return on equity.
Earnings per Share	Input the earnings per share.