$13$ Assignment

Looking back over the last few years, it is clear that Nicole Mackisey has accomplished a lot running her business, Nicole's Getaway Spa $($NGS$).$ Nicole is curious about her company's performance as she compares its financial statements.

Required:

$1-$a$.$ Calculate the net profit margin, gross profit percentage, return on equity, and fixed asset turnover ratio for $2021$ and $2020.$

$1-$b$.$ Was NGS more profitable in $2021$ or $2020?$

$2.$ Calculate the current ratio for $2021$ and $2020.$

$3-$a$.$ Calculate the debt$-$to$-$assets ratio and times interest earned ratio for $2021$ and $2020.$

$3-$b$.$ Was NGS more solvent in $2021$ or $2020?$

Complete this question by entering your answers in the tabs below.

Req $3A$