RATIO COMPUTATION AND ANALYSIS ANSWER IT COMPLETE. THANK YOU

The following data are available for MNO Printing Co MNO Printing Co. Balance Sheet December 31, 20X2 and 20X1 (In thousands of peso) 20X2 P3,000 13,000 6,500 1,000 P23,500 31,000 P54.500 20X1 P4,500 8,000 5,000 1,200 P18,700 25.000 P43.700 Assets Cash Accounts receivable Inventories Prepaid expenses Total current assets Net plant and equipment Total assets Liabilities and shareholders' equity Accounts payable Notes payable Accrued payables Total current liabilities Long-term debt Total liabilities Total shareholders' equity Total liabilities and stockholders' equity P4,500 3,700 2000 P10,200 16,000 P26,200 P28,300 P54.500 P3,600 3,500 2.300 P9,400 8,500 P17,900 P25,800 P43.700 Calculate the ratios below and make a comparative analysis with the Industry Average Ratio MNO Printing Co. Industry Average 2.5 times Current ratio 1.3 times Quick ratio 10.2 times Accounts receivable turnover 35.3 days Average collection period 6.8 times Inventory turnover 4.0 times Fixed Asset turnover 2.1 times Total asset turnover 40.0 percent Debt ratio 66.7 percent Debt-equity ratio 5.8 percent Times interest earned 5.0 percent Net profit margin 10.5 percent Return on investment 17.5 percent Return on equity The following data are available for MNO Printing Co MNO Printing Co. Balance Sheet December 31, 20X2 and 20X1 (In thousands of peso) 20X2 P3,000 13,000 6,500 1,000 P23,500 31,000 P54.500 20X1 P4,500 8,000 5,000 1,200 P18,700 25.000 P43.700 Assets Cash Accounts receivable Inventories Prepaid expenses Total current assets Net plant and equipment Total assets Liabilities and shareholders' equity Accounts payable Notes payable Accrued payables Total current liabilities Long-term debt Total liabilities Total shareholders' equity Total liabilities and stockholders' equity P4,500 3,700 2000 P10,200 16,000 P26,200 P28,300 P54.500 P3,600 3,500 2.300 P9,400 8,500 P17,900 P25,800 P43.700 Calculate the ratios below and make a comparative analysis with the Industry Average Ratio MNO Printing Co. Industry Average 2.5 times Current ratio 1.3 times Quick ratio 10.2 times Accounts receivable turnover 35.3 days Average collection period 6.8 times Inventory turnover 4.0 times Fixed Asset turnover 2.1 times Total asset turnover 40.0 percent Debt ratio 66.7 percent Debt-equity ratio 5.8 percent Times interest earned 5.0 percent Net profit margin 10.5 percent Return on investment 17.5 percent Return on equity