Using Kohls financial statements and the additional information given below, compute these ratios for the most current year shown the fiscal year 2019 - which ended on February 1, 2020. Show all computations. (round to 2 decimal places; (15% or .15)

Additional Financial Information for Kohls Inc.

a. The market price per share on February 1, 2020, was $ 41 per share.

b. 157.4 million weighted-average shares of the stock were outstanding during the year.

Computations

1. Current ratio _________.
2. Return on Equity _________.
3. Asset Turnover _________.
4. Payout Ratio _________.
5. Price-earnings ratio _________.
6. Debt/Assets ratio _________.
7. Profit margin _________.
8. Inventory Turnover _________.
9. Inventory Turnover in Days_________.
10. Quick/Acid Test Ratio _________.
11. Earnings Per Share _________.
12. Return on Assets _________.
13. Gross Profit Rate _________.
14. Times Interest Earned _________.
15. Working Capital __________.

2018 19,167 $ 1,062 20,229 12.199 2017 19,036 1,048 20,084 12,176 KOHL'S CORPORATION CONSOLIDATED STATEMENTS OF INCOME FE 2(2P (Dollars in Millions, Except per Share Data) 2019 Net sales 18,885 $ Other revenue 1,089 Total revenue SALES REVENUE TU 19,974 Cost of merchandise sold 12,140 Operating expenses: Selling, general and administrative 5,705 Depreciation and amortization 917 Impairments, store closing and other costs 113 Operating income 1,099 Interest expense, net 207 (Gain) loss on extinguishment of debt (9) Income before income taxes 901 Provision for income taxes 210 Net income 691 5,501 991 1,416 5,601 964 104 1,361 256 63 1,042 241 801 $ 299 1,117 258 859 KOHL'S CORPORATION CONSOLIDATED BALANCE SHEETS February 1, 2020 February 2, 2019 723 $ 3,537 (Dollars in Millions) Assets Current assets: Cash and cash equivalents Merchandise inventories Other Total current assets Property and equipment, net Operating leases Other assets Total assets 389 934 3,475 426 4,835 7,428 4,649 7,352 2,391 163 14,555 $ - 206 12,469 1,206 $ 1.233 Liabilities and Shareholders' Equity Current liabilities: Accounts payable Accrued liabilities Income taxes payable Current portion of: Finance lease and financing obligations Operating leases Total current liabilities 1,187 1,364 64 48 115 124 158 2,769 2,730 1,861 1,523 1,856 1,367 2,619 260 234 184 644 Long-term debt Finance lease and financing obligations Operating leases Deferred income taxes Other long-term liabilities Shareholders' equity: Common stock - 375 and 374 million shares issued Paid-in capital Treasury stock, at cost, 219 and 211 million shares Retained earnings Total shareholders' equity Total liabilities and shareholders' equity 3,272 (11,571) 13,745 5,450 $ 14,555 $ 3.204 (11,076) 13,395 5,527 12,469 LAIA KOHL'S CORPORATION CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FHE / |(Dollars in Millions, Except per Share Data) Common stock Balance, beginning of period 4 $ Stock options and awards Balance, end of period 4 $ 4 $ 2019 2018 2017 3,003 Paid-in capital Balance, beginning of period Stock options and awards Balance, end of period 3,204 $ 68 3,272 $ 3,078 $ 126 3,204 $ 75 3,078 Treasury stock Balance, beginning of period Treasury stock purchases Stock options and awards Dividends paid Balance, end of period (11,076) $ (470) (31) (10,651) $ (396) (34) (10,338) (306) (14) (11,571) $ (11,076) $ (10,651) (11) $ (14) Accumulated other comprehensive loss (a) Balance, beginning of period Other comprehensive income Balance, end of period 71 $ 13,395 $ 12,999 $ 12,515 88 Retained earnings Balance, beginning of period Change in accounting standard (b) Net earnings Dividends paid Balance, end of period 691 (429) 13,745 $ 801 (405) 13,395 $ 859 (375) 12,999 $ Total shareholders' equity, end of period $ 5,450 $ 5,527 $ 5,419 374 373 371 2 375 374 373 Common stock Shares, beginning of period Stock options and awards Shares, end of period Treasury stock | Shares, beginning of period Treasury stock purchases | Shares, end of period Total shares outstanding, end of period (205) (6) (211) (8) (219) 156 (197) (8) (205) 168 (211) 163 Dividends paid per common share 2.68 $ 2.44 $ 2.20