help solve with well written explanation for me to understand.

Question No.1 Calculate the ratios below using the given income and balance sheet statements =N: Ratio Equation Result 1 Inventory Turnover Ratio Average Age of Inventory . Average Collection Period otal Asset turnover Debt Ratio Times Interest Earned Ratio Gross Proft Margin 10. Operating Prot Margin 3. 7. 8. H Net Prot Margin . Earnings per Share . Return on total asset l4. Gross Proft Margin rtrKri Whipi Operating Prot Margin . Price Earning Ratio ri ri '4 .U' King Trading Income Statement (millions of dollars) ending 2017 1500 1220 280 Net sales Cost of _oods sold Gross prot Fixed operating costs except depreciation {J1 O Depreciation Earnings before interest and taxes (EBIT) 140 Less interest (a) O\ b.) O\ 104 41.6 62.4 24.96 37.44 Earnings before taxes (EBT) Taxes (40%) Net Income Common Dividends (40%) Addition to retained earnings Per-share data Common stock price [\J b.) 2.496 0.9984 Earnin_ er share EPS Dividends er share DPS number of share is 25 millions Immar Balance Sheet Assets 2017 Liabilities and Equity 2017 Cash and marketable securities Accounts receivables Inventories Total Current Asset Account payables 30 Accruals 180 ___ Net plant and equipment Total Assets -I Total Current Liabilities - __ IE.__ _I_ Retained Earning Shareholders' equity Total Liabilities and Equity