1 Task a Solve for EACH of the SUNY Products financial ratios below and analyze in writing after calculation (5 pts ea) Using the 2018 income statement and balance sheet of SUNY Products Inc [1] Compute its financial ratios. [2] Describe How is the firm doing relative to its industry in the areas of liquidity, asset management, leverage, and profitability? Industry SUNY Average Products Ratio Current Ratio Quick Ratio ACID Test Ratio) +4 points) 1.5 Cash Ratio Debt Ratio Cash Coverage Day's Sales in Receivables Total Asset Turnover Inventory Turnover Day's Sales in Inventory Receivables Turnover Profit Margin Return on Assets Return on Equity 0.135 0.43 20 12 2.8 30.1 11.5 30 0.045 0.126 +4 points) +4 points) +4 points) +4 points) +4 points) +4 points) +4 points) +4 points) +4 points) +4 points) +4 points) +4 points)