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Use the financial statements of Heifer Sports Inc. to find the information below for Heifer. (Use 365 days a year. Round all answers to 2 decimal places except $ amounts.) Income Statement Sales Cost of goods sold Depreciation Selling & admin. expenses EBIT Interest expense Taxable income Taxes 2017 $ 5,680,000 2,977,000 294,300 1,576,000 $ 832,700 155,000 $ 677,700 305, 300 $ 372,400 Net income 2017 2016 $ 45,500 624,000 463,300 $ 1,132,800 2,957,000 $ 4,089,800 $ 70,000 1,211,200 842,500 $ 2, 123,700 4,952,000 $ 7,075, 700 Balance Sheet, Year-End Assets Cash Accounts receivable Inventory Total current assets Fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Short-term debt Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 325,500 494,000 $ 819,500 2,041,200 $ 2,860,700 $ 312,300 916,800 $ 1,229,100 $ 4,089,800 $ 836,000 1,024,500 $ 1,860,500 4,098,500 $ 5,959,000 312,300 804,400 $ 1,116,700 $ 7,075,700 days a. Inventory turnover ratio in 2017 b. Debt/equity ratio in 2017 c. Cash flow from operating activities in 2017 d. Average collection period e. Asset turnover ratio f. Interest coverage ratio g. Operating profit margin h. Return on equity j. Compound leverage ratio k. Net cash provided by operating activities % %

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