Use the financial statements below to answer questions 6 - 10. Little Muffins Inc. Statement of Comprehensive Income For the Year ending December 31, 2020 13,750 8,330 1,200 Net Sales Less: Cost of Goods Sold Less: Depreciation Earnings Before Interest and Taxes Less: Interest Paid Taxable income Less: Taxes Net Income 4,220 700 3,520 820 2,700 Little Muffins Inc. Statement of Financial Position As At December 31 Cash Accounts Receivable Inventory Total Net Fixed Assets 2019 850 1,300 2,800 4,950 6,550 2020 600 1,400 2,500 4,500 6,200 Total Assets 11,500 10,700 Accounts Payable Long-Term Debt Common Stock Retained Earnings 1,200 3,000 4,000 3,300 700 2,900 4,000 3,100 11,500 10,700 6) What is the current ratio and the quick ratio for 2020? 7) What are the Accounts Receivable Turnover and the Inventory Turnover ratios for 2020? 8) What is the Return on Assets and the Return on Equity for 2020? 9) What is the Total Debt ratio and the Debt-to-Equity ratio for 2020? 10) What is the Earning per Share and the Profit Margin for 2020 if Little Muffins has 1,500 outstanding common shares outstanding in 2020