Looking back over the last few years, it is clear that Nicole Mackisey has accomplished a lot running her business, Nicole's Getaway Spa (NGS). Nicole is curious about her company's performance as she compares its financial statements. Balance Sheet Cash Accounts Receivable, Net Inventory Prepaid Expenses Other Current Assets Total Current Assets Property and Equipment, Net Total Assets Current Liabilities Long-Term Liabilities Total Liabilities Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity Income Statement Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Income from Operations Interest Expense Income before Income Tax Expense Income Tax Expense Net Income Required: 2021 $ 7,700 2,500 2020 $ 5,200 3,000 2019 $ 4,800 2,300 1,450 3,250 1,850 950 1,250 400 350 400 250 12,950 69,000 13,100 84,000 $ 97,100 51,750 $ 81,950 $ 10,000 $ 10,000 36,750 46,750 61,750 27,500 7,700 9,600 32,000 $ 41,600 $ 11,000 15,750 26,750 35,200 32,500 2,850 35,350 $ 97,100 $ 58,500 13,400 1,450 14,850 $ 41,600 $ 81,950 $ 82,500 66,500 $ 46,500 49,500 36,500 16,000 9,000 10,000 4,250 2,250 7,250 11,750 6,750 2,750 1,150 3,250 950 10,600 3,500 3,300 1,050 1,800 750 $ 7,300 $ 2,450 $ 1,050 1-a. Calculate the net profit margin, gross profit percentage, return on equity, and fixed asset turnover ratio for 2021 and 2020. 1-b. Was NGS more profitable in 2021 or 2020? 2. Calculate the current ratio for 2021 and 2020. 3-a. Calculate the debt-to-assets ratio and times interest earned ratio for 2021 and 2020. 2.h Was NGS more solvent in 2021 or 20202