need help with gross proft percentage and formula and the other 2 confused

The financial statements of Velma's Natural Foods include the following items. Click the icon to view the financial statements) GELE Compute the following ratios for the current year. Click the icon to view the ratios.) 1.85 Cash ratio 0.18 0.65 5 times a. Compute the current ratio for the current year. (Abbreviations used: STI = Short-term investments. Round your answer to two decimal places, X.XX.) Current ratio Total current assets / Total current liabilities b. Compute the cash ratio for the current year. (Round your answer to two decimal places, XXX (Cash Cash equivalents) / Total current iiabilities c. Compute the acid-test ratio for the current year. (Round your answer to two decimal places, Xxx) Acid-test ratio (Cash + STI + Net current receivables) / Total current liabilities d. Compute the inventory tumover for the current year. (Round your answer to two decimal places. XXX) Inventory turnover - Cost of goods sold / Average merchandise inventory Compute the days' sales in inventory for the current year. (Round intermediary calculations to two decimal places. X.XX and round your final answer to the nearest whole day.) Days' sales in inventory 365 days / Inventory turnover 73 days 1. Compute the days' sales in receivables for the current year. (Round intermediary calculations to ho decimal places, X.XX and round your final answer to nearest whole day) Days' sales in receivables 365 days / Accounts receivable turnover ratio g. Compute the gross profit percentage for the current year. (Round your answer to one benth of a percent, XX%) Gross profit percentage Maasileana mil Financial statements 45 days x Current Year Preceding Year Balance Sheet: Cash Short-term Investments Net Accounts Receivables Merchandise Inventory Prepaid Expenses Total Current Assets Total Current Liabilities Income Statement: Net Credit Sales Cost of Goods Sold 24.000 $ 19.000 42.000 65.000 90.000 28.000 20.000 75.000 62000 12.000 241.000 130.000 198,000 86,000 $ 474,000 320.000 Requirement 1. Calculate the profit margin ratio for 2025 and 2024. Begin by selecting the formula to calculate the profit margin ratio, Profit margin ratio Net income. Net sales revenue Now, calculate the profit margin ratio for 2025 and 2024. (Round your answers to one tenth of a percent. XX, and do not enter the %. For example, enter 10.1%as 10.1.) Profit margin ratio % 2025 2024 10% 6.3% Requirement 2. Calculate the rate of return on total assets for 2025 and 2024. Begin by selecting the formula to calculate the rate of return on total assets. Rate of return on total assets Net income + Interest expense) + Average total assets Now, calculate the rate of return on total assets for 2025 and 2024. (Round your answers to one tenth of a percent. XX, and do not enter the %. For example, enter 10.1% as 10.1) Rate of return on total assets % 2025 2024 Data table McKnight, Inc. Comparative Income Statement Years Ended December 31, 2025 and 2024 2025 2024 2023 Net Sales Revenue $ 180.000 $ 158,000 Cost of Goods Sold 96.500 88.000 Selling and Administrative Expenses 46,500 45.000 Interest Expense 9,000 11,000 10.000 8.000 Income Tax Expense Net Income $ 18,000 $10,000 Additional data Total Assets 5 203,000 $ 190,000 $ 169,000 Common Stockholders' Equity 92.500 89.500 80,000 Preferred Dividends 3.500 3.500 Common Shares Outstanding During the Year 30.000 30.000 25,000 Data for Media Enterprises follows: (Click the icon to view the data) Compute the dollar amount of change and the percentage of change in Media Enterprises working capital each year during 2025 and 2024. What do the calculated changes indicate? - Begin by selecting the formula to compute the working capital, the dollar amount of change and the percentage of change in Media Enterprises working capital. Working capital Current assets - Current liabilities Dollar amount of change - Later period amount - Earlier period amount Percentage of change = (Dollar amount of change + Base period amount) * 100 First, calculate the amount and percentage of change in working capital in 2024. (Round the percentage to one decimal place, XX, and do not enter the %. For example, enter 10.5% as 10.5.) The amount of change in working capital is 1 Data table Total Current Assets 2025 2024 2023 $ 460,000 $ 310,000 $ 240,000 220,000 155,000 120,000 Total Current Liabilities