Using the in

BALANCE SHEET

$($Figures in $ millions$)$

End of Year Start of Year

Assets

Cash and marketable securities

Receivables

Inventories

Other current assets

Total current assets

Net property, plant, and equipment

Other long$-$term assets

Total assets

Liabilities and shareholders' equity

Payables

Short$-$term debt

Other current liabilities

Total current liabilities

Long$-$term debt and leases

Other long$-$term liabilities

Shareholders' equity

Total liabilities and shareholders' equity

INCOME STATEMENT

$($Figures in $ millions$)$

Net sales

Cost of goods sold

Other expenses

Depreciation

Earnings before interest and taxes $($EBIT$)$

Interest expense

Income before tax

Taxes $($at $21\%)$

Net income

Calculate the following financial ratios for Phone Corporation:

Note: Use $365$ days in a year. Do not round intermediate calculations. Round your final answers to $2$ decimal places.