Calculate the following ratios from the given Financial Statements. 1. Gross Profit Ratio 2. Operating Ratio 3. Operating Profit Ratio 4. Salaries Expense Ratio 5. Net Profit Ratio 6. Return on Investment 7. Return on Capital Employed 8. Capital Turnover Ratio 9. Current Ratio 10. Liquid Ratio 11. Fixed Asset Ratio 12. Debt Equity Ratio INCOME STATEMENT \begin{tabular}{|l|r|r|} \hline Particulars & & Amount \\ \hline Income & & 248,320 \\ \hline Fee Revenue & 248,320 & \\ \hline & & \\ \hline Expenses & & \\ \hline Cost of Sales: & & 127,710 \\ \hline Wages and Salaries & 89,400 & \\ \hline Electricity Expense & 17,010 & \\ \hline Supplies Expense & 21,300 & \\ \hline & & \\ \hline Gross Profit: & & 120,610 \\ \hline & & \\ \hline Operating Expenses: & & 70,110 \\ \hline Depreciation Expense - Bowling Equipment & 20,100 & \\ \hline Depreciation Expense - Building & 9,630 & \\ \hline Insurance Expense & 17,040 & \\ \hline Interest Expense & 14,510 & \\ \hline Council Rates Expense & 8,830 & \\ \hline & & \\ \hline Operating Profit: & & 94,740 \\ \hline & & \\ \hline Profit: & & 50,500 \\ \hline \end{tabular} BALANCE SHEET