The Cypress Corporation's Annual Report contained the following information: Balance Sheet as of December 31, 20XX Cash $72,000 Accounts Payable Accounts Receivable 439.000 Other Short-term Payables Inventories 594.000 Total Current Liabilities Total Current Assets $1,405,000 Long-term Debt Total Liabilities Plant, property, equip 731.000 Total Common Equity Total Assets $1.836.000 Total Liabilities & Equity $32,000 70.000 $102,000 900.000 $1,002,000 834.000 $1.836.000 Income Statement for the year ending December 31, 20XX Sales $4.290,000 Cost of Goods Sold 3.580.000 Gross Operating Profit $ 710.000 General Adm & Selling Exp 236,320 Depreciation 159,000 Misc Expenses 94.000 Earnings Before Interest and Taxes $220.680 Interest Expense 40.000 Earnings Before Taxes $ 180.680 Taxes (40%) 72 272 Net Income 108.408 Calculate the following and show your work!) financial ratios for Cypress, compare them with the industry average data provided and comment il each ratio signifies a strength, weakness or neither for Cypress. (24 points) Ratio Calculation (2 points each) Industry Average Strength, Weakness, or Neither (1 point each) Profit Margin on Sales 3.00%