answer the 10 problem ratios using the Income Statement and Balance Sheet of Duterte Company provided to you. Thank you so much

JO UN 3,700.00 2,000.00 1,700.00 Duterte Company Balance Sheet For the Year ended Dec. 31, 2020 ASSETS: CURRENT ASSETS: Cash Marketable Securities Accounts Receivable Inventories Total Current Assets 300.00 700.00 1,000.00 800.00 2,800.00 550.00 1,150.00 150.00 NON-CURRENT ASSETS Land Building Machinery and Equipment Furnitures and Fixtures Total Less: Accumulated Depreciation Net Non - Current Assets 1,700.00 1,100.00 500.00 3,300.00 1,300.00 2,000.00 1,000.00 320.00 680.00 20.00 TOTAL ASSETS 4,800.00 Duterte Company Income Statement 3 For the Year ended Dec. 31, 2020 4 5 Sales Less: Cost of Goods Sold 7 Gross Profit. 8 9 Less: Operating Expenses: 10 Selling Expenses 200.00 11 General and Administrative Expense 250.00 12 Depreciation Expenses 100.00 14 Operating profits 15 Less: Interest Expense 16 17 Net Profit Before tax 18 Less: taxes (rate = 32%) 19 20 Net after tax 21 Less: Preferred Stock Divedends 22 23 Earnings available for common stockholders 24 Earnings per Share 25 26 27 28 29 Compute The Following ratios 5 pts each: 30 31 1. Current Ratio 32 2. Quick Acid Test ratio 33 3. Cash Ratio 34 4. Inventory Turnover 35 5. Average Collection Period 36 6. Total Asset Turnover 37 7. Debt Ratio 38 8. Gross Profit margin 39 9. Net Profit margin 40 10. Operating Profit margin 41 42 43 660.00 6.60 LIABILITIES AND STOCKHOLDERS EQUITY CURRENT LIABILITIES: Accounts Payable Notes payable Accruals Total current liabilities 700.00 500.00 300.00 1,500.00 NON - CURRENT LIABILITIES: Long term Debt TOTAL LIABILITIES 1,200.00 2,700.00 STOCKHOLDERS EQUITY Preferred Stock - cumulative 10% P100 pas 2000 shares authorized & issued Common stock - P3 par 100,000 shares-out Paid in Capital in Excess of Par on Common St Rettained Earnings Total Stockholders Equity 200.00 300.00 600.00 1,000.00 2,100.00 TOTAL LIABILITIES AND STOCKHOLDERS EQUITY 4,800.00