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Task #2 - Ratios: For Save of Foods Inc., please calculate and explain the following ratios for 2024 and 2025: 1) Current 2) Debt as
Task #2 - Ratios: For Save of Foods Inc., please calculate and explain the following ratios for 2024 and 2025: 1) Current 2) Debt as a % of Assets 3) Equity as a % of Assets 4) Gross margin 5) Profit margin 6) Inventory turnover 7) Inventory turnover - Day in inventory 8) Accounts receivable turnover 9) Accounts receivable turnover - Day in accounts receivable Notes: Account Sales- Cash basis Sales - On account Sales - Total Round as follows: o Percentage 2025 W 95.44%95.4% W 95.45% = 95.5% o Numbers Value 2024 - 95.44-95.4 95.45= 95.5 2023 120,000 115,000 110,000 Customers pay SOF immediately with cash. 5,000 2,000 Customers are given 30 days to pay SOF. 3,000 125,000 118,000 112,000 Do not show percentages as "0.30", show as 30% Notes
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