mgmiddlewardin Saved at potential funding issues using the required New Funding formula Help Seve Ed Submit Q1. Ratio Analysis (15 marks) Complete the following table of ratios for the 2019 results of Apollo Inc. To complete the table, you will need the following information All sales are on credit. . The income statement is formatted using the Contribution Margin approach. For those calculations that need it, the cost of goods sold is $865,000 The company has traditionally ignored Intangible Assets in the Capital Asset Turnover calculation. (Use only PPBE for that calculation.) Enter all numbers to three (3) decimal places (this will ensure proper marking by Connect). Be sure to indicate the correct label and how the company is doing against the industry measure for ALL ratios, not just the ones that you calculate Calculation for Choose the Industry Better Ratio Name Apollo Inc. correct label Measure or worse? Profit margin 7.475 Percent 15.100 Better (Click to select) 17.365 Click to select) Return on assets (Click to select) 37.500 Click to select Return on equity 8.600 11.200 (Click to select) (Click to select) Receivables turnover (Click to select) 42.442 Click to select) Average collection period of 11 !!! Next > 2 3 4 5 2 3 4 5