Question: View Policies Current Attempt in Progress You have been presented with the following selected information from the financial statements of one of Canada's largest dairy

View Policies Current Attempt in Progress You have been presented with the following selected information from the financial statements of one of Canada's largest dairy producers. Saputo Inc in 5 millions 2019 2018 2017 Statement of financial position Accounts recewable Inventory Total current assets Total assets Current abilities Total liabilities $1.248 1.681 3.134 9886 1,932 4,465 $ 945 1234 2422 8,003 1.293 3.205 5863 1.172 2,380 7.597 1.193 3.274 Statement of income Sales Cost of goods sold Interest expense Income tax expense Nerince $13,502 9,179 67 230 755 $11,542 7.961 34 97 352 $11.163 7,600 37 309 731 (a) Calculate each of the following ratios for 2019 and 2dis. (Round answers to 1 decimal place, es. 12.5% or 6.5:1 or $2.6) 2019 2018 tin millions) 1 Current ratio 11 ? times times Receivables turnover times 3 Inventory turnover Debt to total assets times times Times interest earned
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