The owner of Lulo Yoga Wear has asked you to compare the company's profit performance and financial position with the averages for the active wear industry. You obtain the company's financial statements and industry average data for the year ended December 31, 2021. REQUIRED: 1. Calculate the company's gross profit margin and profit margin ratios. (4 marks) 2. Calculate the company's debt to total assets ratio. (2 marks) 3. Compare the above calculated ratios with the average for the industry. What conclusions can be drawn for each ratio? Explain each conclusion. Also, provide one recommendation to the owner. (4 marks)