Each Student will analyze their corporate selection for $2021$ and perform the calculations for each ratio in$\backslash$table$[[,$Dec $2021,$Dec $2020,$Dec $2019,$Dec $2018],[$Revenue$,127,004\mathrm{.}00,122,485\mathrm{.}00,137,237\mathrm{.}00,147,049\mathrm{.}00],[$Cost of Goods Sold,$109,126\mathrm{.}00,108,813\mathrm{.}00,123,265\mathrm{.}00,132,954\mathrm{.}00],[$Gross Profit,$17,878\mathrm{.}00,13,672\mathrm{.}00,13,972\mathrm{.}00,14,095\mathrm{.}00],[$Gross Profit Margin,$14\mathrm{.}08\%,11\mathrm{.}16\%,10\mathrm{.}18\%,9\mathrm{.}59\%],[$SG&A Expense,$--,7,038\mathrm{.}00,8,491\mathrm{.}00,9,650\mathrm{.}00],[$Depreciation and Amortization,$--,--,--,--445\mathrm{.}00],[$Operating Income,$9,324\mathrm{.}00,6,634\mathrm{.}00,5,481\mathrm{.}00,4,445\%],[$Operating Margin,$7\mathrm{.}34\%,5\mathrm{.}42\%,3\mathrm{.}99\%,3\mathrm{.}02\%],[$Nonoperating Income,$--,0\mathrm{.}00,0\mathrm{.}00,(70\mathrm{.}00)],[$Nonoperating Expenses,$--,--,--,--],[$Income Before Taxes,$12,716\mathrm{.}00,8,095\mathrm{.}00,7,436\mathrm{.}00,8,549\mathrm{.}00],[$Income Taxes,$2,771\mathrm{.}00,1,774\mathrm{.}00,769\mathrm{.}00,474\mathrm{.}00],[$Net Income After Taxes,$10,019\mathrm{.}00,6,427\mathrm{.}00,6,732\mathrm{.}00,8,014\mathrm{.}00],[,,,,],[$Continuing Operations,$9,945\mathrm{.}00,6,321\mathrm{.}00,6,667\mathrm{.}00,8,075\mathrm{.}00],[$Discontinued Operations,$--,--,--,--],[$Total Operations,$--,--,--,--084\mathrm{.}00],[$Total Net Income,$10,019\mathrm{.}00,6,427\mathrm{.}00,6,732\mathrm{.}00,8,08\%],[$Net Profit Margin,$7\mathrm{.}89\%,5\mathrm{.}25\%,4\mathrm{.}91\%,5\mathrm{.}50\%],[,,,--,--],[$Diluted EPS from Continuing Operations,$--,--,--,--],[$Diluted EPS from Total Operations,$--,--,4\mathrm{.}57,5\mathrm{.}53],[$Diluted EPS from Total Net Income,$6\mathrm{.}70,4\mathrm{.}33,1\mathrm{.}52,1\mathrm{.}52]]\backslash$table$[[,50$c$2021,$sec$2020,,],[$Cash$,20,067\mathrm{.}00,19,992\mathrm{.}00,19,069\mathrm{.}00,20,844\mathrm{.}00],[$Net Receivables,$34,043\mathrm{.}00,34,244\mathrm{.}00,33,398\mathrm{.}00,33,399\mathrm{.}00],[$Inventories$,12,988\mathrm{.}00,10,235\mathrm{.}00,10,398\mathrm{.}00,9,816\mathrm{.}00],[$Other Current Assets,$--,--,--,--],[$Total Current Assets,$82,103\mathrm{.}00,80,924\mathrm{.}00,74,992\mathrm{.}00,75,293\mathrm{.}00],[$Net Fixed Assets,$79,044\mathrm{.}00,77,451\mathrm{.}00,80,805\mathrm{.}00,82,317\mathrm{.}00],[$Other Noncurrent,$--,--,--,--],[$Total Assets,$244,718\mathrm{.}00,235,194\mathrm{.}00,228,037\mathrm{.}00,227,339\mathrm{.}00],[$Shareholder$\text{'}$s Equity$],[,$Dec $2021,$Dec $2020,$Dec $2019,$Dec $2018],[$Preferred Stock Equity,$--,--,--,--],[$Common Stock Equity,$15\mathrm{.}00,14\mathrm{.}00,14\mathrm{.}00,14\mathrm{.}00],[$Total Equity,$59,744\mathrm{.}00,45,030\mathrm{.}00,41,792\mathrm{.}00,38,860\mathrm{.}00],[$Shares Outstanding $($M$),1,500\mathrm{.}00,1,400\mathrm{.}00,1,400\mathrm{.}00,1,400\mathrm{.}00],[$Liabilities$],[,$Dec $2021,$Dec $2020,$Dec $2019,$Dec $2018],[$Accounts Payable,$20,391\mathrm{.}00,19,928\mathrm{.}00,21,018\mathrm{.}00,22,297\mathrm{.}00],[$Short$-$Term Debt,$33,720\mathrm{.}00,36,913\mathrm{.}00,37,400\mathrm{.}00,31,891\mathrm{.}00],[$Other Current Liabilities,$--,--,--,2],[$Total Current Liabilities,$74,408\mathrm{.}00,79,910\mathrm{.}00,84,905\mathrm{.}00,82,237\mathrm{.}00],[$Long$-$Term Debt,$75,659\mathrm{.}00,72,981\mathrm{.}00,65,924\mathrm{.}00,73,060\mathrm{.}00],[$Other Noncurrent,$3,661\mathrm{.}00,3,009\mathrm{.}00,3,026\mathrm{.}00,3,063\mathrm{.}00],[$Total Liabilities,$178,903\mathrm{.}00,185,517\mathrm{.}00,182,080\mathrm{.}00,184,562\mathrm{.}00]]$

the above table. Please show all of your calculations when creating the ratios. In addition, each student will

then summarize their analytical conclusions for each ratio category in the following analytical worksheet to$.$ Find the Liquidity

Management

Debt Management

Profitability

Market Performance

Working Capital

AR Turnover

Times Interest Earned

Gross Margin $\%$

Earnings Per Share

Current Ratio

Inventory Turnover

Debt$-$Equity

Net Profit Margin $\%$

Price Earnings

Acid Test

Asset Turnover

Equity Multiplier

ROE

Dividend Yield