. Following table shows financial information of ABC Corp.

(Numbers are in thousands)

Item	Year 2020	Year 2019
Net sales	$2,350.00	$2,219.00
Cost of goods sold	$1,958.00	$2,010.00
Total assets	$1,850.00	$2,190.00
Current assets	$1,500.00	$1,800.00
Total liabilities	$1,152.00	$1,087.00
Current liabilities	$950.00	$980.00
Total stockholders' equity	$550.00	$820.00
Gross profit	$400.00	$160.00
Capital expenditures	$250.00	$237.00
Net cash provided by operating activities	$157.00	$189.00
Net income	$87.00	$90.00
Cash dividends	$0.00	$123.00

(a) Based on information above, calculate the ratios in the following table -

Ratio	Year 2020	Year 2019
Current ratio
Debt to assets ratio
Free cash flow
Profit margin
Gross profit rate
Following ratios or amounts to be calculated only for the year of 2020
	Year 2020
Average stockholders' equity
Average total assets
ROE
ROA
Asset turnover

b) Based on ratios calculated in the above table, interpret the following ratios only for the year of 2020 -

1. Current ratio:
2. Debt to assets ratio:
3. Profit margin:
4. Gross profit rate:
5. ROE:
6. ROA:
7. Asset turnover: