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Calculate the following ratios for the years 2020 and 2021 Gross profit margin Net profit margin Return on equity Inventory turnover period Average settlement period

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

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1 Ratios 2020 2021 a Gross Margin Gross ProfitNet Sales 100 4377 4691 168996386064100 220387469... blur-text-image

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