2. Compute the financial ratlos for Easton for 2020 and 2021 and compare against the industry norms (better/worse). Statis perto) Choose from Here to come Nors Current Ratio 5.00 Acid Test (quick ratio 3.00 Inventory Tumover 2.20 Average collection period 90.00 Debt Ratio 0.33 Times Interest earned 7.00 Fixed-asset turnover 1.00 Operating profit margin 2014 Return on common equity 9% $972 53.600 Easton Inc., Balance Sheet Assets 2020 Cash $225 Accounts Receivable Story 750 Current Assets 51.05 Plant Equipment 55.200 Les accumulated depreciation 400 Net plant equipment 5800 Total Total Assets 52.275 Liabilities and Owners Equity Accounts payable 5250 totes avale 12 Current Liabilities Bonds 60 $2.00 53.72 15 ses 5300 10 Owners' equity common stock Paidata Remedies Total owners' equity 51.173 53.33 529 2021 2020 590 550 $300 OS Total abilities and we equity Income Statement Sales Cost of goods sold Gross profit Operating expenses Depreciation Operating profits Interest expense Net Income before les Tues OD 00 20 $180 $195 $ 514 25 $120 Net Income 50