The 2020 financial statements of Outdoor Waterworks Inc. follow Outdoor Waterworks Inc. Income Statement For Year Ended December 31, 2020 Net sales $1,116,000 Cost of goods sold: Inventory, Dec. 31, 2019 $ 82,860 Purchases 615,840 Goods available for sale $ 698,700 Inventory, Dec. 31, 2020 61,290 Cost of goods sold 637,410 Gross profit from sales $ 478,590 Operating expenses 288,360 Operating profit $ 190, 230 Interest expense 12,900 Profit before taxes $ 177,330 Income taxes 19,614 Profit $ 157,716 Outdoor Waterworks Inc. Balance Sheet December 31, 2020 Assets Cash $ 23,00 Current non strategic Investments 26,20 Accounts receivable, net 53.580 Notes receivable 12.0640 Inventory 61,290 Prepaid expenses 6,060 plant and equipment, net 34.620 Total assets 5516,000 Libilities and Equity Accounts payable $ 49,00 Accrued ages payable 6,540 Income taxes payable 7,410 tong-term nete payable, secured by mortgage on plant 118,500 Common shares, 160,000 shares 199, See Retained earnings 135,600 Total abilities and equity $516,990 Assume all sales were on credit. Also assume the long-term note payable is due in 2023, with no current portion on the December 31, 2019, balance sheet, the assets totalled 5440,220. common shares were $199,500 and retained eamings were $112.140. Required: Calculate the following: (Use 365 days in a year. Do not round your intermediate calculations. Round the answers to 2 decimal places.) to 1 lo 1 days times days to 1 a Current ratio b. Quick ratio calos uncollected d Inventory turnover 0 Days' sales in inventory 1. Ratio of pledged plant assets to secured liabilities 9. Times interest earned h. Profit margin Total asset turnover Return on total assets k Return on common shareholders' equity times % times % %