Ratio Analysis: Urban OutfittersAssessing how well a company's strategy is presently working involves evaluating the strategy from both a qualitative standpoint and a quantitative standpoint. The stronger a company's current overall performance, the less likely the need for radical strategy changes. The weaker a company's performance, the more its current strategy must be questioned.Table 4.1 provides a compilation of the financial ratios most commonly used to evaluate a company's financial performance and balance sheet strength. Assurance of Learning Exercise 1 provides you with an opportunity to assess Urban Outfitters's financial performance and balance sheet strength. This exercise requires the same calculations and overall assessment.Using the formulas in Table 4.1 and Urban Outfitters's financial statement information presented below for Urban Outfitters, Inc., calculate the following ratios for Urban Outfitters for both 2016 and 2017. Be sure to report items (a) through (e) in percentages (i.e., multiply your result x 100).Using the Urban Outfitters's financial statement starting on page 117, calculate the following measures of financial performance. Be sure to report items (a) through (e) in percentages (i.e., multiply your result x 100).a. Gross profit marginb. Operating profit marginc. Net profit margind. Times-interest-earned (or coverage) ratioe. Return on stockholders' equityf. Return on assetsg. Debt-to-equity ratioh. Days of inventoryi. Inventory turnover ratioj. Average collection periodTHE NEEDED INFORMATION IS INCLUDED IN THE ATTACHMENTSTHIS QUESTION IS AN EXAMPLE OF ANOTHER THAT I NEED TO COMPLETE. ANY ASSISTANCE WOULD BE GREATLY APPRECIATED!!

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