Below are the year end financials for F.E. Company. Below calculate and respond to the following questions:

Cash	$150,000	Accounts Payable	$335,000
Accounts Receivable	$500,000
Inventory	$250,000
Revenues	$1,550,000
COGS	$1,007,500
Gross Margin	$542,500
SGA Expenses	$418,500
Net Profit	$124,000

1. What is the company's quick ratio?

2. What does the quick ratio tell us about the company's current liquidity position?

3. What is the company's inventory turnover ratio?

4. What is the company's net profit margin as a %?

5. If the company's net profit margin was 11% in the prior year, and sales increased this year, what possible factors may have impacted the net profit margin this year?