Balance Sheet of Gerup Garments Inc. as of December 31, 2015 12/31/2014 12/31/2015 Assets Current Assets Cash in bank Accounts receivable Inventory Prepaid expenses 57.000$65,000 0,000 82,000 75,000 8,000 6,000 Total Current Assets Fixed Assets 204,000230,000 Machinery &equipment Total Fixed Assets (net of depreciation) 25.200$ 18,000 25 $ 18,000 TOTAL Assets Liabilities and Equity 229.200248,000 Current Liabilities Accounts payable TotalCurrentLiabilities- 89,0001s-90.000. Bank loans payable Total Long-term Debt62,000 89,000 S 90,000 62,000 S 50,000 Total Liabilities Owners' Equity Total Liabilities & Equity 229.200 248,000 Calculate the following ratios for GeruR Garments Inc. Write 100 words describing the 151,000 140,000 company's profitability sonditon Net margin ratio Asset turnover ratio Return on investment Return on equity Balance Sheet of Gerup Garments Inc. as of December 31, 2015 12/31/2014 12/31/2015 Assets Current Assets Cash in bank Accounts receivable Inventory Prepaid expenses 57.000$65,000 0,000 82,000 75,000 8,000 6,000 Total Current Assets Fixed Assets 204,000230,000 Machinery &equipment Total Fixed Assets (net of depreciation) 25.200$ 18,000 25 $ 18,000 TOTAL Assets Liabilities and Equity 229.200248,000 Current Liabilities Accounts payable TotalCurrentLiabilities- 89,0001s-90.000. Bank loans payable Total Long-term Debt62,000 89,000 S 90,000 62,000 S 50,000 Total Liabilities Owners' Equity Total Liabilities & Equity 229.200 248,000 Calculate the following ratios for GeruR Garments Inc. Write 100 words describing the 151,000 140,000 company's profitability sonditon Net margin ratio Asset turnover ratio Return on investment Return on equity