(a) Calculate and interpret the Return on Asset for 2019. If the industry benchmark for Return on Asset is 20% and the deposit rate in a bank is 11%, what will be your opinion regarding X corporation? 1 (calculation)+2 (Interpretation)

(b) Calculate and interpret the inventory turnover for 2019. If the industry benchmark for inventory turnover is 0.8, what will be your opinion regarding X corporation? Provide a detailed explanation. 1(calculation)+2(Interpretation)

(c) If the annual sales for 2018 is 2200, calculate and interpret the average collection period for 2018. If the industry benchmark for average collection period 10, what will be your opinion regarding X corporation? Provide a detailed explanation. 1+2

(d) Calculate and interpret the debt ratio for 2018. If the industry benchmark for debt ratio is 60%, what will be your opinion regarding X Corporation? Provide a detailed explanation. 1(calculation)+2(Interpretation)

X Corporation 2019 Income Statement $2,311 1,344 276 $ 691 Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (34%) Net income 141 $ 550 187 $ 363 X Corporation 2019 Income Statement $2,311 1,344 276 $ 691 Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (34%) Net income 141 $ 550 187 $ 363