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Instructions 1. Make groups of 3 or 4 students, but not less than 3 students per group. Write your complete names and student iDs on your answer sheet. 2. Prepare your answers in Microsoft Word. 3. Using the financial statements provided above, calculate the following ratios for years 2021 and 2020 1. Gross Profit Ratio 3. Using the financial statements provided above, calculate the following ratios for years 2021 and 2020. 1. Gross Profit Ratio 2. Net Income Ratio 3. Current Ratio 4. Quick Ratio 5. Debt-to-Equity Ratio 6. Return of Equity Ratio 7. Interest cover Ratio 8. Earnings per Share Ratio