Here are the five financial ratios. For each ratio, you will be responsible for providing both the formula $($equation$)$ and answer based on Dr$.$ Smith and Dr$.$ Brown$$s financial statements. You will also need to identify the category $($classification$)$ of the assigned financial ratio. The categories are profitability, liquidity, capital structure $($also known as solvency$),$ turnover, or N$/$A$.$ Please see the following example for guidance: Debt Service Coverage Ratio

Calculation and answer:

Note: For this ratio, the denominator $($bottom number in the fraction$)$ is $22,200.$

Category of financial ratio:

Operating Margin

Calculation and answer:

Category of financial ratio:

Return on Assets

Calculation and answer:

Category of financial ratio:

Current Asset Turnover

Calculation and answer: