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

Joe's Fish Hut Balance Sheet As at August 31
	2020	2019
ASSETS
Current Assets
Cash	$180,881	$64,900
Accounts receivable	$18,200	$12,000
Merchandise Inventory	$21,700	$26,900
Total Current Assets	$220,781	$103,800
Property, plant & equipment	$148,000	$200,000
Less: Accumulated depreciation	$-26,900	$-22,200
TOTAL ASSETS	$341,881	$281,600
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable	$32,400	$34,400
Notes Payable-Current Portion	$6,500	$6,500
Total Current Liabilities	$38,900	$40,900
Notes Payable-Long-Term Portion	$90,000	$60,000
TOTAL LIABILITIES	$128,900	$100,900
Shareholders' Equity
Common shares	$72,000	$58,400
Retained earnings	$140,981	$122,300
TOTAL SHAREHOLDERS' EQUITY	$212,981	$180,700
TOTAL LIABILITIES AND EQUITY	$341,881	$281,600

Joe's Fish Hut Income Statement For the Year Ended August 31, 2020
Sales	$134,000
COGS	$88,000
Gross Profit	$46,000
Operating Expenses
Insurance Expense	$1,020
Rent Expense	$4,210
Salaries Expense	$5,550
Telephone Expense	$760
Interest Expense	$1,020
Depreciation Expense	$4,700
Total Operating Expenses	$17,260
Operating Profit Before Tax	$28,740
Income Tax Expense	$10,059
Net Profit (Loss)	$18,681

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: Answer % b) Calculate the times interest earned ratio for 2020. Times Interest Earned: Answer times c) Calculate the net profit margin for 2020. Net Profit Margin: Answer % d) Calculate the return on equity for 2020. Return on Equity: Answer % e) Calculate the return on assets for 2020. Return on Assets: Answer % f) Calculate the asset turnover ratio for 2020. Asset turnover: Answer times g) Calculate the current ratio for 2020. Current Ratio: Answer h) Calculate the quick ratio for 2020. Quick Ratio: Answer i) Calculate the debt to equity ratio for 2020. Debt to Equity Ratio: Answer j) Calculate the days sales outstanding ratio for 2020. Assume all sales are credit sales. Days sales outstanding: Answer days k) Calculate the accounts receivable turnover for 2020. Assume all sales are credit sales Accounts Receivable turnover: Answer times l) Calculate the days' sales in inventory ratio for 2020. Days' Sales in Inventory: Answer days m) Calculate the inventory turnover for 2020. Inventory turnover: Answer times n) Calculate the debt to assets ratio for 2020. Debt to Assets Ratio: Answer % o) Calculate the working capital for 2020. Working Capital: Answer