Complete 3 key financial ratio calculations based on your latest financial statements from the Biz Caf simulation: Return on Assets; Inventory Turnover Ratio; and, Current Ratio. Provide commentary understanding of what the ratio measures, reflection on your figures, trends, future impact, etc. How do your figures compare with Starbucks or another publicly traded caf?

Income Statement for February, Month to Date Previous Month ? = February to Date $33,285.15 $1,963.79 $31,321.36 % of Rev. 100% 6% Revenue COGS Gross Margin Year to Date $90,881.75 $6,685,46 $84,196.29 % of Rev. 100% 7% 93% 94% 17% 23% 16% 20% 23% 4% Management Staff Adv./Promo. Rent Utilities Depreciation Expense Interest on Loan Other Total Expenses $5,583.67 $7,500.81 $1,400.00 $2,000.00 $550.00 $0.00 $0.00 $(0.00) $17,034.48 $14,717.42 $17,982.71 $21,000.00 $4,000.00 $550.00 $233.33 $208.33 $1,141.00 $59,832.79 4% 1% 6% 2% 0% 0% -0% 51% 0% 0% 1% 66% Net Income $14,286.88 43% $24,363.50 27% Balance Sheet for February, Month to Date Previous Month ? = Assets Cash Liabilities Taxes Payable Loans Total Liabilities $3,042.90 $25,000.00 $28,042.90 Deposits Equipment Accumulated Depreciation Inventory Prepaid Exp. $32,274.69 $2,500.00 $14,000.00 $(233.33) $2,306.04 $1,559.00 Equity Retained Earnings Total Equity Total Liab. & Eq. $24,363.50 $24,363.50 Total Assets $52,406.40 $52,406.40