Calculate the following ratios for the years 2020 and 2021

1. Gross profit margin
2. Net profit margin
3. Return on equity
4. Inventory turnover period
5. Average settlement period (Accounts receivable)
6. Asset turnover
7. Current ratio
8. Quick ratio
9. Interest coverage ratio
10. Debt to equity ratio

Present the calculation and answer for each ratio in a table. It is sufficient to show the calculation for the year 2020 ONLY. Round the ratios to 2 decimal places.

STATEMENT OF FINANCIAL POSITION
Fiscal Year:	2019	2020	2021
(FYR Ending):	(31DEC2019 )	(31DEC2020 )	(31DEC2021 )
Cash & Equivalents	55,297	84,629	96,291
Receivables - Total (Net)	17,663	19,981	26,500
Inventories - Total	19,868	22,943	31,758
Current Assets - Total	96,334	132,733	161,580
Plant, Property & Equip (Net)	97,846	150,667	216,363
Intangibles	18,803	19,998	20,478
TOTAL ASSETS	225,248	321,195	420,549
Accounts Payable	47,183	72,539	78,664
Total Current Liabilities	87,812	126,385	142,266
Long Term Debt	63,205	87,789	122,595
TOTAL LIABILITIES	163,188	227,791	282,304
TOTAL SHAREHOLDERS EQUITY	62,060	93,404	138,245
INCOME STATEMENT
Fiscal Year:	2019	2020	2021
(FYR Ending):	(31DEC2019 )	(31DEC2020 )	(31DEC2021 )
Sales (Net)	280,522	386,064	469,822
Cost of Goods Sold	150,386	217,068	249,435
Gross Profit	130,136	168,996	220,387
Selling, General, & Admin Expenses	100,244	129,933	172,537
Research and Development Expense	35,931	42,740	56,052
Depreciation, Depletion, & Amortization	15,715	16,748	23,421
Interest Expense	1,600	1,647	1,809
Net Profit	11,588	21,331	33,364