Scenario: You are the chief financial officer for the Houston Ramblers, a professional football team playing in the Global Football League (GFL). Your season starts the Sunday after the Super Bowl and you play 8 total games followed by playoffs and a championship game. The Ramblers own the 35,000 seat stadium that was financed a $50M bank loan, the sale of corporate bonds and private investment from the ownership group. The front office manages all business aspects of the operation and the GFL has a small broadcast streaming agreement with YouTube TV. Other than a 12.5 % share of the streaming rights, each GFL is responsible for its own revenue and expenses. In 2020, your team played two home games and one road game before the remaining season was cancelled due to the COVID 19 pandemic. In 2021, a full schedule of games was played. You have calculated the Ramblers year-end financial ratios for 2020 and 2021 and the league has provided overall industry averages for the GFL. This information can be found in the Houston Ramblers Financials document and contains information for year-end 2020 and 2021. The ratios below have been calculated and provided for you on the Houston Ramblers Financials document . You have also been provided with information on the overall industry averages for the GFL. Based on the financial ratio calculations provided and industry averages, provide a qualitative assessment of each ratio. Your assessment should indicate the following for each ratio. (Hint: Use the Summary of Key Financial Ratios document provided in Week 4 to explain your answer.) 1. Comparing 2021 to 2020, is each ratio trending in the "right" direction or "wrong direction In addition to specifically stating "right " direction or "wrong " direction explain in 1-2 sentences using financial terms why the trend is moving in the direction you indicated. For example, if the current ratio in 2020 was 1.23 and in 2021 it was 1.78, an acceptable analysis could read: The current ratio increased from 1.23 to 1.78, trending in the right direction. This increasing ratio indicates that the Ramblers have greater ability to cover current liabilities (those due within one year) with current assets compared to the previous year. (Hint: Use the Summary of Key Financial Ratios document provided in Week 4 to explain your answer.) (10 points) a) Current ratio b) Cash ratio c) Average collection period d) Debt ratio e) Return on equity ratio 11