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JKL Enterprises' financials for the year ending 31-03-2022 are as follows: Assets: Cash: $2,20,000 Accounts Receivable: $4,80,000 Inventory: $8,20,000 Prepaid Expenses: $35,000 Short-term Investments: $3,20,000

 JKL Enterprises' financials for the year ending 31-03-2022 are as follows:

Assets:

Cash: $2,20,000

Accounts Receivable: $4,80,000

Inventory: $8,20,000

Prepaid Expenses: $35,000

Short-term Investments: $3,20,000

Liabilities and Equity:

Accounts Payable: $5,60,000

Short-term Loans: $2,40,000

Long-term Debt: $6,80,000

Common Stock: $10,20,000

Retained Earnings: $5,35,000

Income Statement for the year ending 31-03-2022:

Sales: $48,00,000

Cost of Goods Sold: $30,00,000

Operating Expenses: $7,00,000

Interest Expense: $1,40,000

Tax Rate: 31%

Requirements:

Calculate the current ratio.

Calculate the debt to equity ratio.

Calculate the return on assets.

Calculate the net profit margin.

Calculate the inventory turnover ratio.

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