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How was the company's financial performance for the year 2022? What comcrete steps they practice to improve their performance? a. Calculate the following ratios for

How was the company's financial performance for the year 2022? What comcrete steps they practice to improve their performance?
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a. Calculate the following ratios for the company for the years 2021 and 2022 . \begin{tabular}{|l|l|l|c|} \hline \multicolumn{1}{|c|}{ Ratio } & \multirow{2}{*}{ Industry } & \multicolumn{2}{|c|}{ Mt. of Olives Diagnostics, Inc. } \\ \cline { 3 - 4 } & & 2021 & 2022 \\ \hline Current Ratio & 2.00x & & \\ \hline Inventory Turnover & 3.60x & & \\ \hline DSO (365 days) & 32.5 days & & \\ \hline Fixed Assets Turnover & 1.25 & & \\ \hline Debt Ratio & 62.5% & & \\ \hline Debt-to-Equity Ratio & 1.67 & & \\ \hline Net Profit Margin on Sales & 28.75% & & \\ \hline Return on Assets & 19.75% & & \\ \hline Return on Equity & 36.88% & & \\ \hline \end{tabular}

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