#Scenario $12$:

Financial Statement Analysis $-$ Ratio Analysis:

Given the financial statements of Company ABC for the fiscal year ending December $31,20$X$1,$ calculate the following ratios:

Current ratio

Quick ratio

Debt$-$to$-$equity ratio

Return on assets $($ROA$)$

Return on equity $($ROE$)$

Analyze the ratios calculated and provide insights into the company's liquidity, solvency, and profitability.