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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

BC Mables 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

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