Answer all the questions please

Score : 1. Horizontal and Vertical Analysis. Complete the table below. Percent must be in whole number. ABM STORE Statement of Comprehensive Income For the Year Ended December 31, 2019 CHC du 2019 2018 % Amount of Increase (Decrease) % of Inc.) (Dec) Net Sales th ali e P 4,000,000 P P Cost of Sales 3,000,000 2,000,000 Gross Profit 2.000.000 P 2,000,000 1,000,000 Operating Expenses: Selling Expenses 400,000 200.000 General & Administrative Expenses 360,000 180,000 Operating Income 1,240,000 620,000 Other Expense: Interest Expense 40,000 20,000 Profit P 1,200,000 P 600,000 P ABM STORE Statement of Financial Position As of December 31, 2019 ASSETS 2019 % 2018 Amount of Increase 1 (Decrease) % of Inc.) (Dec Current Assets: Cash in Bank P 1,500,000 1,200,000 Accounts Receivable 400,000 200,000 Petty Cash Fund 100,000 50,000 Merchandise Inventory 200,000 300,000 Prepaid Rent 200.000 250.000 Total Current Assets MULTII s: Red 2,400,000 2,000,000 Non-Current Assets Store Equipment (net) P P 400,000 300.000 us delir Custo afers 6 trang s the ales sto Fumiture and Fixtures (net) 600,000 500.000 Total Non-Current Assets P. P 1,000,000 800.000 TOTAL ASSETS 3,400,000 P 2,800,000 LIABILITIES AND OWNER'S EQUITY LIABILITIES Current Liabilities: Accounts Payable P 800,000 500.000 Accrued Utilities Expense 100,000 250,000 Notes Payable 460,000 650,000 Total Current Liabilities P 100 1,360,000 1,400,000 mpany OWNER'S EQUITY ERATION JL Cruz, Capital P aples of 2,040,000 1,400,000 TOTAL LIABILITIES & OWNER'S EQUITY P 3,400,000 P 2,800,000 II. Based on the financial data of ABM Store above, compute and interpret the following ratios for the year 2019. Show your solution including the formula. Express your answer in two (2) decimal points. (10 points each) 1. Return on Asset (%) = S ir 2. Gross Profit Margin (%) = 3. Accounts Receivable Turnover = MULTIPI S Reac 4. Inventory Turnover = s define Custon fers to ang the ateg s to cai om ge rel rel . 5. Debt Ratio (%) = 6. Quick Ratio (Ratio) = 5 Aeria 6. Quick Ratio (Ratio) It refers Cust It is the develop @ Cust Maria B Comy OV BE the sc Com NUME Exar 7. Return on Equity (%) = 1. 2 8. Fixed Asset Turnover =