Option #1: Corporate Finance Application Ratio Analysis Attached are the financial statements for Smith Company, Inc. Use the financial statements to calculate the attached ratios. Write a couple sentences interpreting the ratio. Calculate and interpret the following debt ratios: debt ratio, debt-equity ratio, and times interest earned. Calculate and interpret the following profitability ratios: operating profit margin, net profit margin, return on assets, and return on equity. Format Table (2018) Competitor 1 Competitor 2 Competitor 3 Net Profit Margin 0.082 0.11 0.03 Total Asset Turnover 0.88 0.9 0.55 ROA 0.07216 0.099 0.0165 FLM 3.3 2.5 5.5 ROE 0.238128 0.2475 0.09075 Option #1: Corporate Finance Application Ratio Analysis Attached are the financial statements for Smith Company, Inc. Use the financial statements to calculate the attached ratios. Write a couple sentences interpreting the ratio. Calculate and interpret the following debt ratios: debt ratio, debt-equity ratio, and times interest earned. Calculate and interpret the following profitability ratios: operating profit margin, net profit margin, return on assets, and return on equity. Format Table (2018) Competitor 1 Competitor 2 Competitor 3 Net Profit Margin 0.082 0.11 0.03 Total Asset Turnover 0.88 0.9 0.55 ROA 0.07216 0.099 0.0165 FLM 3.3 2.5 5.5 ROE 0.238128 0.2475 0.09075