Based on the financial statements for LOVELY CO, determine and comment its financial ratios for 2022 : 1) Short-term solvency 2) Activity 3) Financial leverage 4) Profitability 5) Value (price per share =18RON, no. of shares =12000 ) Earnings Before Interest And Taxes (EBIT) 103.000 RON Interests (43.000) RON EarningsBeforeTaxes(EBT)CorporateIncomeTax(50%)NetIncome60.000RON(30.000)RON30.000RON \begin{tabular}{|l|l|l|l|} \hline Ratio category & Ratio & LOVELY Co & Industry Average \\ \hline Short-term solvency & Current Ratio & & 1.8 \\ \hline & Quick Ratio & & 0.8 \\ \hline Activiy & TotalAssetsTumover & & 2.5 \\ \hline & ReceivablesTumover & & 30 days \\ \hline & AverageCollectionPeriod & & \\ \hline & Inventory Turnover & & \\ \hline & Days in Inventory & & 68% \\ \hline Financial Leverage & Debt Ratio & & \\ \hline & Debt-to-Equity & & 1.4% \\ \hline & Equity Multiplier & & 3% \\ \hline & Interest Coverage & & \\ \hline Profitability & Profit Margin & & \\ \hline & ROA & & \\ \hline & ROE & & \\ \hline Value & PER & & \\ \hline & Dividend Yield & & \\ \hline & Market-to-bookvalue & & \\ \hline \end{tabular}