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Using the financial data below, answer the following questions to assess the financial strength of this company. (Note, all ratios should be taken to the

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Using the financial data below, answer the following questions to assess the financial strength of this company. (Note, all ratios should be taken to the second (2nd) decimal point and percentages should be presented in the form 12.34%, not 1234. If the answer is presented 1234 it will be marked incorrect.) From Income Statement 2020 2019 2018 2017 Sales $29,778 $27,079 $28,105 $27.931 Cost of Goods Sold 17,621 16,496 16,863 16,725 Gross Income S12.157 S10.583 511 242 S11,206 Operating Expenses 8.942 8,544 8,459 8,528 Operating Income $3,215 $2,039 $2,783 S2,678 Interest Expense 383 361 393 388 Taxes 921 608 864 804 Net Income $1,911 1,070 $1,526 $1.486 From Balance Sheet 2020 2019 2018 2017 Cash $2,297 $1,109 $2,246 $2,273 Receivables 522 558 438 Inventory 5,807 5,985 5,910 5,977 Total Current Assets 89,626 $7,652 $8.580 58,688 Total Assets $21,851 $20,576 $21,330 $21,620 Total Current Liabilities $6,647 $5,728 S5,075 $5,726 Total Liabilities SI5,528 S16,326 S15,952 $15,371 Total Equity $6,323 $4,250 $5,378 S6,249 % (rounded to 2nd decimal 1. What is the Compound Annual Growth Rate of Revenue over the entire reporting period? point) 2. By what percent did revenue grow in 2020? % (rounded to 2nd decimal point) 3. What is the 2020 Gross Margin? % (rounded to 2nd decimal point) 4. What is the 2020 Operating Margin? % (rounded to 2nd decimal point) 5. What is the 2020 Net Margin? % (rounded to 2nd decimal point) 6. What is the 2020 Return on Assets? % (rounded to 2nd decimal point) 7. What is the 2020 Return on Equity? % (rounded to 2nd decimal point) 8. What is the 2020 Current Ratio? (rounded to 2nd decimal point) 9. What is the 2020 Quick Ratio? (rounded to 2nd decimal point) 10. What is the 2020 Inventory Turnover Rate? * (rounded to 2nd decimal point) 11. What is the 2020 Days in Inventory? days (rounded to 2nd decimal point) 12. What is the 2020 Debt-to-Assct Ratio? % (rounded to 2nd decimal point) 13. What is the 2020 Debt-to-Equity Ratio? (rounded to 2nd decimal point) 14. What is the 2020 Times Interest-Famed? * (rounded to 2nd decimal point)

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