1. [6 points] You have been given the following information for NAUFIN Company. They have asked you to do trend and comparative analyses and evaluate the financial strength of the company. Compute the ratios below for 2019 (show your work), Ratio Actual 2017 Actual 2018 Actual 2019 Industry Avg Current 1.4 1.55 1.85 Quick 1 0.92 1.05 Inventory Turnover 9.52 9.21 8.6 Debt Ratio 0.2 0.3 Times Interest Earned 8.2 7.3 8 Net Profit Margin 0.062 0.062 0.053 EPS $1.75 $2.20 $1.50 0.2 2019 information: Sales Cost of Goods Sold Operating Profit (EBIT) Interest Expense Net Income Preferred Dividends Earnings Avail for Common Shareholders $10,000,000 Accounts Receivable $800,000 $7,500,000 Inventory $950,000 $1,300,000 Total Current Assets $2,000,000 $200,000 Total Assets $12,000,000 $660,000 Total Current Liabilities $1,200,000 $ 50,000 Total Liabilities $4,200,000 Common Stock $600,000 $610,000 (200,000 shares outstanding)