The balance sheet and income statement for Joe's Fish Hut are presented below:

Joe's Fish Hut Balance Sheet As at February 28
	2020	2019
ASSETS
Current Assets
Cash	$167,292	$64,100
Accounts receivable	$23,700	$15,700
Merchandise Inventory	$22,500	$28,900
Total Current Assets	$213,492	$108,700
Property, plant & equipment	$130,000	$182,000
Less: Accumulated depreciation	$-28,400	$-22,700
TOTAL ASSETS	$315,092	$268,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable	$27,100	$35,800
Notes Payable-Current Portion	$6,700	$6,700
Total Current Liabilities	$33,800	$42,500
Notes Payable-Long-Term Portion	$74,000	$56,000
TOTAL LIABILITIES	$107,800	$98,500
Shareholders' Equity
Common shares	$79,000	$56,600
Retained earnings	$128,292	$112,900
TOTAL SHAREHOLDERS' EQUITY	$207,292	$169,500
TOTAL LIABILITIES AND EQUITY	$315,092	$268,000

Joe's Fish Hut Income Statement For the Year Ended February 28, 2020
Sales	$130,000
COGS	$86,900
Gross Profit	$43,100
Operating Expenses
Insurance Expense	$1,520
Rent Expense	$4,740
Salaries Expense	$5,270
Telephone Expense	$700
Interest Expense	$1,490
Depreciation Expense	$5,700
Total Operating Expenses	$19,420
Operating Profit Before Tax	$23,680
Income Tax Expense	$8,288
Net Profit (Loss)	$15,392

Complete the following ratio analysis.

Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Calculate the gross profit margin for the 2020. Gross Profit Margin: ________ % b) Calculate the times interest earned ratio for 2020. Times Interest Earned: ________ times c) Calculate the net profit margin for 2020. Net Profit Margin: ________ % d) Calculate the return on equity for 2020. Return on Equity: ________ % e) Calculate the return on assets for 2020. Return on Assets: ________ % f) Calculate the asset turnover ratio for 2020. Asset turnover: ________ times g) Calculate the current ratio for 2020. Current Ratio: ________ h) Calculate the quick ratio for 2020. Quick Ratio: ________ i) Calculate the debt to equity ratio for 2020. Debt to Equity Ratio: ________ j) Calculate the days sales outstanding ratio for 2020. Assume all sales are credit sales. Days sales outstanding: ________ days k) Calculate the accounts receivable turnover for 2020. Assume all sales are credit sales Accounts Receivable turnover: ________ times l) Calculate the days' sales in inventory ratio for 2020. Days' Sales in Inventory: ________ days m) Calculate the inventory turnover for 2020. Inventory turnover: ________ times n) Calculate the debt to assets ratio for 2020. Debt to Assets Ratio: ________ % o) Calculate the working capital for 2020. Working Capital: ________