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Calculate net profit margin (%), return on equity (%), current ratio and Debt-to-equity ratio. Brie Inc. Income Statement For the Years Ended December 31 2020

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Calculate net profit margin (%), return on equity (%), current ratio and Debt-to-equity ratio.

Brie Inc. Income Statement For the Years Ended December 31 2020 2019 2018 Sales $768,000 $723,000 $748,000 Cost of Sales $271,000 $280,000 $285,000 Gross Profit 5497,000 $443,000 $463,000 Expenses Operating Expenses $247,000 $232,000 $229,000 Advertising Expense $92,000 $79,000 $87,000 Depreciation Expense $73,000 $67,000 $67,000 Interest Expense $7,000 $7,000 $7,000 Expenses $419,000 $5,000 $39 00 Net Income (Loss) Before Taxes $78,000 $58,000 $73,000 Income Taxes (Return) $35,100 $26,100 $32,850 Net Income (Loss) After Taxes $42.900 $31,900 $40,150 38 Brie Inc. Balance Sheet As at the Years Ended December 31 2020 2019 2018 Cash $167,000 $178,000 $210,000 Accounts Receivable $79,000 $72,000 $69,000 Inventory $75,000 $71,000 $115,000 Equipment $243,000 $177,000 $233,000 Total Assets $564,000 $498,000 $627,000 Accounts Payable $43,000 $42,000 $36,000 Unearned Revenue $19,000 $19,000 $23,000 Long-Term Debt $59,000 $59,000 $59,000 Common Shares $59,000 $79,000 $79,000 Retained Earnings $384.000 $299,000 $430,000 Total Liabilities and Shareholders' Equity $564,000 $498,000 $627,000 Required Calculate the following ratios for Brie Inc. for 2020, and state whether the ratios improved or weakened in 2020. Do not enter dollar signs, percent signs, or commas in the input box. Round all answers to 2 decimal places. Ratio 2019 Improved or Weakened Net Profit Margin (Percent) 2020 4.4196 . Return on Equity (Percent) 7.1996 . Current Ratio (Decimal Number) 5.26 + Debt-to-Equity Ratio (Decimal Number) 32

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