Balance sheet for 2019 liabilites mount - Assets Amount 650,00,000 Inventory 624,000.00 1650,00,000 249,00,000 ommon stock fined Assets ong term Debt 570,00,000 cash votes payable 282,00,000 t\ccount Receiva 420,00,000 Accounts payable 360,00,000 Retained fornirgs 1081, 09,000 $2943.000 $8943,00,000 Income Statement for 2019 particulars Amount $ Amount Sales & 2550,00,000 1350,00,000 1200,00,000 cost of Goods sold Gros profit less operating expenses Selling general and adminis trative Expense Depreciation 320,00,000 120,00,000 (949,00,000) Non - operating expenses: lease Expenses interest expenses 200,00,000 150,00,000 (350,00,000) Net profit $ 410,00,000 2. Use the financial statements you prepared above to calculate and interpret the following ratios for 2019. Round each ratio to 0.00 and provide 1-2 sentences of explanation for each. Ratios for 2018 are provided in the table below. 2019 Instagraph Ratio Analysis 2018 Current ratio 1.45 Inventory turnover 1.82 Average collection period 52.4 Debt ratio 0.35 Times interest earned ratio 3.27 Net profit margin 12.25% Return on assets 11.44% Return on equity 14.93% a. Current ratio b. Inventory turnover c. Average collection period d. Debt ratio e. Times interest earned ratio f. Net profit margin g. Return on assets h. Return on equity