A local mom and pop owner presented you with the following financial data. $115,00 in sales, cost of $98,00 in 2018 and there was no taxes. The owner also reported $15,00.00 in cash, $20,000 in inventory and $30,000 of accounts payable. Also there was $60,000 in net fixed assets with $10,000 in accounts recieveables. It indicated that there was $40,000 in long term debt.

1. Compute the current ratio. 2. Compute the quick ratio. 3. What is the return on Equity? 4. What is the Total debt of Equity ratio? 5. What is the profit margin?