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profit and loss account (EUR), 000 Name/Year. 2022. 2021 1. Net sales. 100,000. 90,000 2. production costs. (90,000). (80,000) 3. Gross profit. 10,000. 10,000 4.

profit and loss account (EUR), 000
Name/Year. 2022. 2021
1. Net sales. 100,000. 90,000
2. production costs. (90,000). (80,000)
3. Gross profit. 10,000. 10,000
4. Marketing expenses. (3500). (3000)
5. Administrative expenses (5000). (5000)
6. interest expenses. (70). (100)
7. Profit before taxes 1430. 1900
8. Taxes. 1400. 1500
9. Net profit 30. 400
Balance sheet (EUR, 000)
2022 - 2021
long term assets. 2300. 1800
short term assets inventory.1000 900
short term assets debtors. 1000. 800
short term assets cash. 700. 970
total: for 2022- 5000, 2021-4470
Equity + Liabilities
2022- 2021
equity- 3000- 2070
long term liabilities 900- 1300
short term liabilities 1100- 1100
Total - 5000- 4470
Required: in a table form calculate liquidity ratios, current ratios, quick ratio, cash ratios, accounts receivable turnover ratio(in times, days), inventory turnover ratios(in times, days), accounts payable turnover ratio(in times, in days), solvency ratios and profitability ratios for the given years and give a general conclusion about each and every mentioned ratio

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