BC Mable$$s Corporation is a manufacturing firm, and you are tasked with assessing its financial performance using various financial ratios. Below are relevant financial data for the fiscal year:

Balance Sheet:

$$ Total Assets: $$5,000,000$

$$ Current Assets: $$2,000,000$

$$ Current Liabilities: $$1,000,000$

$$ Long$-$term Debt: $$1,500,000$

$$ Shareholders' Equity: $$2,000,000$

Income Statement:

$$ Net Sales: $$4,000,000$

$$ Cost of Goods Sold $($COGS$)$: $$1,800,000$

$$ Operating Expenses: $$800,000$

$$ Net Income: $$500,000$

Required Tasks:

$1.$ Asset Utilization Ratio:

$$ Calculate the following asset utilization ratio:

$$ Total Asset Turnover

$$ Inventory Turnover

$$ Receivables Turnover

$2.$ Liquidity Ratio:

$$ Calculate the following liquidity ratios:

$$ Current Ratio

$$ Quick Ratio

$3.$ Debt Utilization Ratios:

$$ Calculate the following debt utilization ratios:

$$ Debt$-$to$-$Asset Ratio

$$ Debt$-$to$-$Equity Ratio

$$ Interest Coverage Ratio

$4.$ Describe the Asset utilization, liquidity, and debt to equity ratios.

$5.$ Say why you would recommend each ratio to a financial manager$/$Financial organization