The balance sheet and income statement for Joe's Fish Hut are presented below: Joe's Fish Hut Balance Sheet As at January 31 2019 2018 ASSETS Current Assets Cash $161,072 $56,600 Accounts Receivable $24,000 $15,700 Merchandise Inventory $20,400 $28,400 Total Current Assets $205,472 $100,700 Property, Plant & Equipment $134,000 $173,000 Less: Accumulated Depreciation $-26,200 $-20,500 TOTAL ASSETS $313,272 $253,200 LIABILITIES AND EQUITY Liabilities Current Liabilities Accounts Payable $31,700 $42,400 Bank Loan-Current Portion $7,100 $7,100 Total Current Liabilities $38,800 $49,500 Bank Loan-Long-Term Portion $82,000 $54,000 TOTAL LIABILITIES $120,800 $103,500 Shareholders' Equity Share Capital $81,000 $50,500 Retained Earnings $111,472 $99,200 TOTAL SHAREHOLDERS' EQUITY $192,472 $149,700 TOTAL LIABILITIES AND EQUITY $313,272 $253,200 Joe's Fish Hut Income Statement For the Year Ended January 31, 2019 Sales $130,000 COGS $89,900 Gross Profit $40,100 Operating Expenses Insurance Expense $1,430 Rent Expense $5,520 Salaries Expense $5,970 Telephone Expense $640 Interest Expense $1,960 Depreciation Expense $5,700 Total Operating Expenses $21,220 Operating Profit Before Tax $18,880 Income Tax Expense $6,608 Net Profit (Loss) $12,272 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 2019. Gross Profit Margin: Answer % b) Calculate the net profit margin for 2019. Net Profit Margin: Answer % c) Calculate the return on equity for 2019. Return on Equity: Answer % d) Calculate the return on assets for 2019. Return on Assets: Answer % e) Calculate the asset turnover ratio for 2019. Asset turnover: Answer times f) Calculate the current ratio for 2019. Current Ratio: Answer g) Calculate the quick ratio for 2019. Quick Ratio: Answer h) Calculate the debt to equity ratio for 2019. Debt to Equity Ratio: Answer i) Calculate the days sales outstanding ratio for 2019. Assume all sales are credit sales. Days sales outstanding: Answer days j) Calculate the accounts receivable turnover for 2019. Assume all sales are credit sales Accounts Receivable turnover: Answer times k) Calculate the days' sales in inventory ratio for 2019. Days' Sales in Inventory: Answer days l) Calculate the inventory turnover for 2019. Inventory turnover: Answer times m) Calculate the working capital for 2019. Working Capital: Answer