Ratio Analysis The following balances were reported in the financial statements for Nafooz Company. 2020 2019 Net sales $800,000 $700,000 Net income 80,000 65,000 Current assets 200,000 175,000 Current liabilities 80,000 100,000 Total liabilities 250,000 225,000 Total assets 750,000 600,000 Compute the following ratios for each year for Nafooz Company. Note: Round answers to one decimal place. (Ex. 0.2345 = 23.5%). Current ratio should not be converted into a percentage. 2020 2019 Profit margin 46 Current ratio Debt-to-total-assets ratio 96 96 96