9. Scenario for your Agribusiness: (10 points total, 1 point each) Assets Current assets: Cash Marketable securities Accounts receivable Inventory Prepaid insurance Total current assets 15000 4000 20000 15000 1000 55000 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? Cash: Comparison: Marketable securities: Comparison: Accounts receivable: Comparison: Inventory: Comparison: Prepaid insurance: Comparison: Your firm: Industry Average: .221 .108 250 .187 20 .02 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 g) Total: Fixed costs per month: a) Labor: $1,500 b) Rent: $3,000 c) Insurance: $200 d) Advertising: $500 e) Utilities: $450 f) Total: (1 point) (1 point) Based on the variable expenses per pizza, what is the minimum price NewMexico Feasts 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)