Including the new proposed term loan, what is Spread the Joy Organics Inc.$\text{'}$s $20$X$1$ current ratio have been if you: $1)$ tested the operating line as half drawn $(50\%$ usage$),$ and $2)$ you assumed the term loan was an equal amortizing loan? Using the financial worksheet provided to answer the question a$)1\mathrm{.}96$ b$)22.1\mathrm{.}86($Current Assets: $1\mathrm{.}247$M$)$ divided by $($Current Liabilities: Bank Line of Credit $250$K $(50\%$ of $500)+$ Accounts Payable $+$ Salaries Payable $+$ Current portion of new term loan which is $83,333$ computed as $500$K$/72$ months x $12)$ c$)1\mathrm{.}78$ d$)1\mathrm{.}68$ a$)77\mathrm{.}9\%$ b$)80\mathrm{.}4\%$ c$)78\mathrm{.}4\%$ d$)100\%23.$ Based on $20$X$1$ book value figures, what percent of Spread the Joy Organics Inc.$\text{'}$s total PP&E is made up of food processing equipment? $24.$ Spread the Joy Organics Inc. recognizes revenue when the product is: a$)$ Delivered b$)$ Sold and invoiced c$)$ Ordered d$)$ Sold, delivered and invoiced $25.$ How did Spread the Joy Organics' gross margin change between $20$X$0$ and $20$X$1?$ a$)$ Remained constant at $34\mathrm{.}9\%$ b$)$ Decreased from $34\mathrm{.}9\%$ to $32\mathrm{.}3\%$ c$)$ Increased from $32\mathrm{.}3\%$ to $34\mathrm{.}9\%-$ gross margin divide by revenue d$)$ Decreased from $320\mathrm{.}3\%$ to $31\mathrm{.}4\%26.$