solve for the following: Profit Margin, Return on Assets, Return on equity, Receivables turnover, Average collection period, Inventory turnover, fixed asset turnover, total asset turnover, current ratio, quick ratio, debt to total assets, times interest earned, fixed charge coverage. e financial statements of the FDM Company for 200, THE FDM COMPANY Balance Sheets for Years 2020-2022 Assets 2020 2021 Cash Accounts receivable Inventories Total Current Assets $ 10,000 $8,000 2022 $20,000 50,000 30,000 30,000 44,000 68,000 50,000 Net property. Other assets Total Assets $ 104,000 $106,000 $ 100.000 50,000 4.000 $158,000 $160,000 50,000 $2,000 4.000 4,000 $156,000 Liabilities and Stockholders' Equity Accounts payable Notes payable (6%) Accrued expenses. Total Current Liabilities Long-term debt (8%). Common stock (25,000 shares; $1 per value) Retained earnings Total Liabilities and Stockholders' Equity 14,000 $ 20,000 $ 24,000 14,000 4.000 2.000 $ 24,000 14,000 4,000 $ 40,000 $ 40,000 $ 42,000 30,000 30,000 30,000 25,000 63,000 25,000 25,000 65,000 59.000 $ 158.000 $ 160.000 $156,000 Sales Cost of goods sold. Gross profit. Selling and administrative expenses. Operating profit Interest expense Net income before taxes Taxes (15%). Net income THE FDM COMPANY Income statement for Years 2020-2022 2020 $240,000 192,000 $ 48,000 39,000 $ 9,000 3,240 2021 $220,000 173,000 $ 47,000 38.500 $ 8,500 3.240 $ 5,620 2022 $260,000 201.000 $ 59,000 27.500 $ 21,500 3,240 $ 5,760 864 $ 4,896 $ 18,260 789 $ 4,471 2.739 $15.521