8. NW New Mexico Produce Inc, has the following financial ratios in the left column. The industry average ratios are in the right column. Evaluate NW New Mexico Produce versus the industry average and briefly state your conclusion about the financial standing of NW New Mexico Produce using all three ratios. ( 6 points total, 2 points each) 9. Scenario for your Agribusiness: (10 points total, 1 point each) Assets Current assat... Divide each entry by the total assets (calculate the ratio for each and interpret) Compare your firm's ratios to the industry average, how does your firm compare? Your firm: Industrv Averaes: 10. NewMexicoFeasts Restaurant specializes in pizzas with green chile and pepperoni. Variable costs per pizza: a) Flour: $0.50 b) Yeast: $0.05 c) Water: $0.01 d) Cheese: $3.00 e) Pepperoni: $2.00 f) Green Chile: $0.27 s) Total: (1 point) Fixed costs per month: a) Labor: $1,500 b) Rent: $3,000 c) Insurance: $200 d) Advertising: $500 e) Utitities: $450 f) Totat: (1 point) Based on the variable expenses pir pizza, what is the minimum price NewMexicoFeasts must price their pizzas at to cover their variable costs? (2 points) If NewMexicofeasts prices their pizza at $10, how much of the price per pizza is left over to cover fixed costs? (2 points) Based on the total fixed costs, how many pizzas priced at $10 would NewMexicoFeasts have to sell per month to cover monthly fixed costs? ( 5 points)