MHD Company Income Statements for the years Ended June 30 2020 $ Revenue 6,336.3 Cost of sales 1,617.4 Gross profit 4,718.9 Selling and Administrative Expenses 4,007.6 PBIT 711.3 Interest Expense 13.9 PBT 697.4 291.3 Income Tax 406.1 Net Profit 2019 $ 5790.4 1476.3 4,314.1 3679 635.1 27.1 608.0 232.6 375.4 MHD Company Statement of Financial Position as at June 30 Assets 2,020 Current assets valents 553.3 2019 $ $ 611.6 406.1 375.4 MHD Company Statement of Financial Position as at June 30 Assets 2,020 2019 Current assets $ $ Cash and Cash equivalents 553.3 611.6 Accounts Receivable 776.6 664.9 Inventory 768.3 653.5 Other Current Assets 204.4 269.2 Total Current Assets 2,302.6 2,199.2 Investments 12.3 12.6 Non Current Assets 1,570.91,496.3 Total Assets 3,885.8 3,708.1 Liabilities and Shareholder's Equity Current liabilities 1,497.7 1,322.0 679.5 637.1 Long Term Liabilities Share Capital 1,708.6 1,749.0 3,885.8 3,708.1 Total sulate the following ratios for 2020 using the information presented in the above sta Calculate the following ratios for 2020 using the information presented in the above statements: (Use year end values) a. Current Ratio . 1.7:1 1:1 2.1:1 b. Inventory Turn 1.5:1 C. Profit Margin a. Current Ratio b Inventory Turnover 2.4 times 2.1 times 2.3 times C. Profit Margin 2.5 times b. Inventory Turn 11.2% 11.0% 6.5% 6.4% C. Profit Margin d. Interest Cover 50.1 times 29.2 times 23.4 times 51.2 times