learn.uph.edu 3/3 FINANCIAL STATEMENT ANALYSIS (20%) Presented below are the financial statements of Marvell Ltd (in US $): Marvell Ltd Comparative Statements of Financial Position Dec-31 Assets 2019 Equipment 90.000 Accumulated Depreciation - Equipment (43.500) Inventory 70.000 Supplies 19.500 Account receivable 5.000 Cash 55.500 Total 196.500 2018 107.000 (36.000) 45.000 10.000 6.000 30.000 162.000 Equity and Liabilities Share capital ordinary Retained Earnings Bonds Payable Accounts Payable Total 27.000 75.000 40.500 51,000 196.500 21.000 57.000 49.500 34.500 162.000 Additional data: Net credit sales for 2019 was $ 66,000 Net income for 2019 was $ 25,000 Instructions: Compute the following ratios for 2019: 1. Current ratio 2. Account receivable turnover 3. Profit margin ratio 4. Return on assets 5. Debt to assets ratio &&&&& GOOD LUCK & GOD BLESS YOU SSSSS