3. Use this informatio 1 for New Tech Company to answer the follow ng question. You may or may not) need to fill in missing information NEW TECH COMPANY Income Statement Sales Cost of goods sold Depreciation General, sales & admin expenses Taxes Net Income 2010 2011 100 110 50 51 20 20 70 65 2012 120 52 20 60 10 10 10 2010 2011 40 45 60 55 2012 40 60 Balance Sheet Current Assets Property, plant & equipment Total Assets Current Liabilities Long-Term Liabilities Equity Total Liabilities & Equity 40 10 50 40 10 50 35 15 50 INDUSTRY AVERAGE RATIOS 2010 2011 2012 CR (Current Ratio) 1.5 1.5 DR (Debt Ratio)=TLITA 60% 60% 60% TAT (Total Asset 2 2.2 2.5 Turnover) PM (Profit Margin) 4% 5% 6% Sales Growth 3% 2.50% 3% Profit Growth 5% 25% 20% Which of the following items characterize New Tech Company? (It may be more than one option). EXPLAIN (and report your calculations) (15 points) 1. High debt & unprofitable 2. Low debt & unprofitable 3. Decreasing profit margin 4. ligh Asset Utilization Performance 5. Low Asset Uti :ation 'erformance 6. ncreasing sal 3 with decreasing sales growth rate 7. 1, 3 and 5 characterize New Tech Company