E Question I Not answered Marked out of 3.00 P Flag question UCW Ltd. is a chain of retail hardware stores with total assets of $2.5 billion. Selected financial ratios for UCW Ltd. are as follows: 2023 Current ratio 2.38 Quick ratio 0.51 Inventory turnover 5.33 ebt to equity ratio 0.87 Return on assets 9.0% Gross margin 8.36% Profit margin 3.87% Return on equity 15.1% 2024 2022 2.35 2.39 0.56 0.58 5.57 5.27 0.68 0.86 7.3% 9.8% 7.71% 8.73% 3.28% 4.19% 11.4% 16.8% In 2022, UCW Ltd. was affected by a decline in the demand for home hardware items and the entry of a major U.S. chain into the market. 59% 00: