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4. Following table shows financial information of ABC Corp. (12 points) (Numbers are in thousands) Item Year 2020 Year 2019 Net sales $2,350.00 $2,219.00 Cost

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4. Following table shows financial information of ABC Corp. (12 points) (Numbers are in thousands) Item Year 2020 Year 2019 Net sales $2,350.00 $2,219.00 Cost of goods sold $1,958.00 $2,010.00 Total assets $1,850.00 $2,190.00 Current assets $1,500.00 $1,800.00 Total liabilities $1,152.00 $1,087.00 Current liabilities $950.00 $980.00 Total stockholders' equity $550.00 $820.00 Gross profit $400.00 $160.00 Capital expenditures $250.00 $237.00 Net cash provided by operating activities $157.00 $189.00 Net income $87.00 $90.00 Cash dividends $0.00 $123.00 (a) Based on information above, calculate the ratios in the following table - Ratio Year 2020 Year 2019 Current ratio Debt to assets ratio Free cash flow Profit margin Gross profit rate Following ratios or amounts to be calculated only for the year of 2020 Year 2020 Average stockholders' equity Average total assets ROE ROA Asset turnover b) Based on ratios calculated in the above table, interpret the following ratios only for the year of 2020 - b) Current ratio: c) Debt to assets ratio: d) Profit margin: e) Gross profit rate: f) ROE: g) ROA: h) Asset turnover

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