Calculate the ratios based on the income statement and balance sheet.

Whiat SUP, Inc. Ratio Analysis Ratio Analysis 2019 Profitability Return on owners' investment Return on total investment Profit margin Gross margin Liquidity Current ratio Quick ratio Receivable turnover Inventory turnover Solvency Debt-to-equity Liability What SUP, Inc. Income Statement For the Year Ended 12/31/18 12/31/19 $ 850,000.00 $ 950,000.00 445,000.00 500,000.00 405,000.00 450,000.00 % Change 12% 12% 11% Sales Revenue Cess: Cost of Goods Sold Gross Margin Expenses: Advertising Depreciation Interest Payroll Utilities Vet income before taxes Income taxes Vet income 18,000.00 30,000.00 28,000.00 25,000.00 30,000.00 50,000.00 115,000.00 160,000.00 45,000.00 35,000.00 169,000.00 150,000.00 66,000.00 30,000.00 $ 103,000.00 $ 120,000.00 67% -11% 67% 39% -22% -11% -55% 17% What SUP, Inc. Balance Sheet as of 12/31/18 12/31/19 % Change Assets Current Assets: Cash Accounts Receivable Inventory Prepaid Expenses Supplies Property, Plant, and Equipment: Land Building Equipment Less: Accumulated Depreciation Total $ 24,000.00 $ 35,000.00 56,000.00 60,000.00 100,000.00 93,000.00 13,000.00 10,000.00 7,000.00 8,000.00 46% 7% -7% -23% 14% 120,000.00 120,000.00 250,000.00 300,000.00 50,000.00 67,000.00 (70,000.00) (93,000.00) $ 550,000.00 $ 600,000.00 0% 20% 34% 33% 9% Liabilities and Stockholders' Equity Liabilities Current Liabilities: Accounts Payable Payroll Liabilities Notes Payable Long-Term Debt Stockholders' Equity Common Stock Retained Earnings Total $ 75,000.00 $ 98,000.00 2,000.00 6,000.00 35,000.00 25,000.00 220,000.00 150,000.00 31% 200% -29% -32% 10,000.00 10,000.00 208,000.00 311,000.00 $ 550,000.00 $ 600,000.00 0% 50% 9%