Font Paragraph C! Given the financial data of Danilla Company below. DANILLA COMPANY Balance Sheet As of December 31, 2017 and 2012 2017- 20182 ASSETS- Cashe Accounts Receivable- Inventorye Net plant and equipment- Total assetse $10,000 30,000- 180,000 680,000 S900,000 $50,000 100,000 200,000 650,000+ $1,000,000 a LIABILITIES AND EQUITY- Accounts payable Accrued expenses payable- Long-term debt- Common stock Paid-in capital- Retained earnings Total liabilities and stockholders' equitye $50,000 70,000 250,000 100,000+ 50,000 380,000 $900,000+ $100,000 90,000+ 250,000++ 100,000.- 50,000 410,00040 $1,000,000/ ** DANILLA COMPANY. Income Statements For the year ended December 31, 2018 Sales (all on credit) Cost of goods solde Gross profite Sales and administrative expenses Depreciatione Operating profite Interest expense- Profit before taxe Tax (40%) Net income $2,000,000++ 1,750,000+ $250,000-$ 40,000-5 60,000++ $150,000-2 25,000+ $125,000 50,000 $75,000++ Requirement: Calculate the 2018 financial ratios in the following table by using the data of Danilla Company given 1. Net Profit Margin- Calculation Result- Ind. Average = 8% Suggestion (if there is) Calculation Result 2. Return on assets (investment) Ind Average = 10% lish (United States) Suggestion (if there is) $75,000+ Requirement- Calculate the 2018 financial ratios in the following table by using the data of Danilla Company g 1. Net Profit Margin- Galculation Result- Ind. Average = 8%+ Suggestion (if there is)- Calculation Result- 2. Return on assets (investment) Ind. Average = 10%- Suggestion (if there is a AaBb C AaBb CD AaBBCod AaBbCDI A08bEMBE AaBb CD AaBbCcD! AasbCcO AABBCODE AA Title Subtitle Subtle Em... Emphasis Intense E. Strong Quote Intense Q... Subtle Ref... Inte Styles 3. Return on equity Calculation Result- Ind. Average = 15% Suggestion (if there is)- Calculation Resulte Suggestion (if there is) 4. Average collection periode Ind. Average = 20 days- 5. Inventory tumovere Calculation Result Ind. Average = 6 times Suggestion (if there is) Calculation Result Suggestion (if there is) 6. total asset turnover Ind. Average = 20 times- tt Calculation Resulte Suggestion (if there is) 7 Current ratio Ind. Average = 1.8 timese Calculation Result Suggestion (if there is 8. Quick ratio Ind. Average = 12 times Calculation Result Suggestion (if there is). 9 Debt to total assets ratio- Ind. Average = 60%- Calculation Result Suggestion (if there is) 10. Times interest earned Ind. Average = 4 times Summary Problem and Issues Suggestion for Improvement- ense Strong Quote Intense Subtle Reta Sete! 5. Inventory turnover Calculation Result Ind Average = 6 times. Suggestion (if there is)- Calculation Result Suggestion (if there is). 6. total asset turnover Ind Average = 20 timese Calculation Result 7. Current fatio Ind Average = 1.8 times Suggestion if there is). Galculation Result 8. Quick ratio Ind. Average = 12 times Suggestion if there is) He la Calculation Result Suggestion (if there is 9 Debt to total assets ration Ind. Average = 60%- Calculation Resulta Suggestion (if there is 10. Times interest earnede Ind. Average = 4 times Summary Problem and issue Suggestion for Improvement