CC$13-1($Algo$)$ Evaluating Profitability, Llquldity, and Solvency $[$LO $13-4,$ LO $13-5]$

Looklng 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 curlous about her company's performance as she compares Its financlal statements.

Requlred:

$1-$a$.$ Calculate the net profit margin, gross profit percentage, return on equily, 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 $2$

Calculate the net profit margin, gross profit percentage, return on equity, and fixed asset turnover ratio for $2021$ and

$($Round your answers to $2$ decimal places.$)$