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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 data

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:
Asset Utilization Ratio:
Calculate the following asset utilization ratio:
Total Asset Turnover
Inventory Turnover
Receivables Turnover
Liquidity Ratio:
Calculate the following liquidity ratios:
Current Ratio
Quick Ratio
Debt Utilization Ratios:
Calculate the following debt utilization ratios:
Debt-to-Asset Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Describe the Asset utilization, liquidity, and debt to equity ratios.
Say why you would recommend each ratio to a financial manager/Financial organization
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