37 8 pts The annual reports of Ambrosia Fast Foods Ltd reveals the following information. 2022 2021 2020 2019 2018 Year $m $m $m $m $m Sales 4,000 3,500 3,200 2,800 2,300 EBIT 300 270 250 240 200 Profit margin (EBIT) 7.5% 7.7% 7.8% 8.6% 8.7% Profit margin (NPAT) 6.4% 6.6% 720.0% 7.3% 7.8% Asset turnover 0.54 0.54 0.71 0.7 0.72 NPAT 180 165 170 160 140 Av assets 7,400 6,500 4,500 4,000 3,200 Av Liabilities 4,600 4,000 2,100 1,800 1,400 Av Equity 2,800 2,500 2,400 2,200 1,800 Financial leverage 2.6 2.6 1.9 1.8 1.8 ROA 14.1% 4.2% 5.6% 6.0% 6.3% ROE 9.2% 9.2% 9.4% 9.3% 9.9% Interest expense 50 35 25 20 15 Interest coverage 6 7.7 10 12 13.3 (Note: the same data has been provided in the pdf. document you downloaded before) Required: 1. Select two relevant ratios and explain how they help you to assess Ambrosia Fast Foods Ltd.'s profit performance. 2. Select two relevant ratios and explain how they help you to assess Ambrosia Fast Foods Ltd.'s solvency outlook. (4+4=8 marks)