RGB Inc. has reported its auditied financial statements for the year-end 2018 in Table 1. Table 1: Auditied Balance Sheet for 2018 YE Audited Dec 31, 2018 195 220 1,700 340 Balance Sheet Items Cash & marketable securities Accounts receivable Inventories Gross property, plant & equipment Accumulated depreciation Accounts payable Short term debt Current portion of the long term debt Long term debt Common stock Paid in capital Retained earnings! 140 693 For 2019, the unaudited balance sheet and income statement are presented in Tables 2 and 3, respectively. Table 2: Unauditied Balance Sheet for 2019 YE Before Audit Dec 31, 2019 105 225 310 1,830 330 Balance Sheet Items Cash & marketable securities Accounts receivable Inventories Gross property, plant & equipment Accumulated depreciation Accounts payable Short term debt Current portion of the long term debt Long term debt Common stock Paid in capital Retained earnings 110 162 Table 3: Unauditied Income Statement for 2019 YE Before Audit Dec 31, 2019 4.300 3.020 Income Statement Items Sales Cost of goods sold Operating expenditures Interest expense Taxes 520 53 130 Upon analyzing the unautited 2019 financials, the auditors have found that the following events have not been journalized: Cash collection of $33 of accounts receivables, Sales of $22 on accounts receivable of items with a cost of $12 Cash payment of $13 of accounts payables 'Note that you should solve for the retained earnings based on fundamental equation of accounting. Note that you should solve for the retained earnings based on fundamental equation of accounting Assume taxes have not been affected by this adjustment. Refer to SM#2 to see the journal entries for sale process RGB Inc. has journalized the respective events, and published its audited financial statements. Based on the audited financial statements, calculate following ratios for the year 2019, Q-1) Total asset turnover. Q-2) Working capital turnover. Q-3) Quick ratio. Q-4) Cash conversion cycle. Q-5) Debt-to-capital ratio. Q-6) Financial leverage. Q-7) Gross profit margin. Q-8) Operating profit margin. Q-9) Return on assets. Q-10) Return on equity