Work the statements below to figure out for the following ratios: the current ratio, quick ratio, DSO, inventory turnover, profit margin on sales, return on assets (ROA), return on equity (ROE), times interest earned (TIE), and return on invested capital (ROIC). Why do we look at various profitability measures, including ROIC, EPS, ROA, ROE, etc.? After you evaluate the financial performance of the organization, employ your analysis above to produce data-driven recommendations w/ a mind on the future. Candy Foods: Balance Sheets Assets 2019 2018 Liabilities and Equity 2019 2018 Cash $15 $60 AP $60 40 AR $400 $375 NP $130 70 Inv $700 $450 Acc $180 140 Total CA $1,115 $885 Total CL $370 250 FA $1,000 $900 Long-term Bonds $840 650 Total Liabilities $1,210 900 PS $0 0 CS $105 105 RE $800 780 Total Common Equity $905 $885 Total Assets $2,115 $1,785 Total Liabilities and Equity $2,115 $1,785 Candy Foods: Income Statements 2019 2018 Net Sales $3,500 $2,900 Operating Costs $3,052 $2,523 EBITDA $448 $377 Depreciation $100 $90 Amort $0 $0 EBIT $348 $287 Interest $88 $70 Earnings Before Taxes $260 $217 Taxes (40%) $104.01 $86.8 Net Income $156.0 $130.2 Preferred Div $0 $0 Common Div $60 $55 Addition to RE $96.0 $75.2 Current Ratio Quick Ratio DSO = = Inventory Turnover Total Asset Turnover Profit Margin on Sales ROA ROE ROIC TIE Debt-to-Capital Ratio = =