ll statements 21 Allaiy Lo2,3,4,5 has applied for a loan from a local bank The is basing its decision on the following informath Ratio Industry average Current ratio Quick ratio Receivable turnovert Inventory turnover ra Debt to assets ratio Times interest earned Profit margin Return on assets Return on equity 1.5 0.80 18 20 0.56 6.52 10.25% 11.50% 20.30% Amanda's Anchors Statement of comprehensive income For the year ended 30 June 2016 $600000 350000 $250000 100000 $150000 25000 $125000 65000 $60000 Sales revenues Cost of goods sold Gross profit Other expenses Profits before interest and taxes Interest expense Profits before taxes ncome tax expense Net profits