Current ratio 28 Debt-to-Equity ratio 20% Times interest earned 9 Inventory tumover 10 Financial Leverage 21 Industry Average Ratios Quick Ratio 1.8 Total Assets Tumover 1.50 Net Profit margin 8% Return on Total Assets 98 Return on Equity 25.2% Items Cash Total Operating Expense Income Tax Net Fixed Assets Cost of Goods Sold Inwestories Accounts Receivables lotal Operating Profit Amount ($) 57,000 63,500 18,000 147.000 660,000 139.000 66,000 122.500 Items Accounts Payable Interest Expense Total Sales Long term Bank Loan Common Stock Equity Other Current Liabilities Notes Payable (Maturity within 1 year) Net Profit after tax Amounts ($) 54,000 4.200 860000 50,000 315.000 11,000 9.000 72.000 Calculate the following ratios for Jupiter: 1) Net Profit Margin, 2) Total Asset Turnover 3) Financial Leverage, 4) Return on Equity 5) Construct the DuPont equation of both Jupiter and the industry Based on the DuPont equation constructed, identify the area where Jupiter needs to improve its performance. (6 marks) b. State the reason why do you think a corporation would issue financial instruments in the money market versus issuing financial instruments in the capital market? is on initial public offering an example of a primary or a secondary market transaction? Explain. (4 marks)