i need help with question 1-9

INDUSTRY FINANCIAL DATA AND RATIOS Average by Year (Number of Financial Statements) You have graduated from Washburn with your B.B. A in Entrepreneurship and Innovation. You are working on your first deal, evaluating the purchave of Vintage Games and Electronics (VGQE). VG\&E is headquartered in Topelca, KS has six retail stores in NE Kansas and sells used video games, video games systems, vintage turntables and stereo systems. It recently bepan selling albums, a growing market. VGWE's industry is NAICS =453310. Selected income statement account balances for the most recent year are as follows: Selected balance sheet balances as of last year-end are as follown: As part of your due diligence and in order to assess the opportunity, you decide to complete a scorecard on VG\&E Use the attached Sageworks Industry Data for the last 12 months. Malce sure to show your work. 1. (2 Pts) Calculate the Current Ratio. Is VG\&E performing better or worse than the industry average? 2. (2 Pts) Calculate the Quick Ratio. Is VG\&E performing better or worse than the industry average? 3. (2 Pts) Calculate the Debt-to-Worth Ratio. Is VG\&E performing better or worse than the industry average? 4. (2 Pts) Calculate the Gross Profit Margin. 1s VG\&E performing better or worse than the industry average? 5. (2 Pts) Calculate the Net Profit Margin. Is VG\&E performing better or worse than the industry average? 6. (2 Pts) Calculate the Inventory Turnover in Days. Is VG\&E performing better or worse than the industry average? 7. (2 Pts) Calculate the Fixed Asset Turnover (Sales to Fixed Assets). Is VG\&E performing better or worse than the industry average? 8. (2 Pts) Which of the following is a true statement? a. VG\&E is able to pay its bills. b. VG\&E owns this business. c. VG\&E should review the pricing of all merchandise. d. VG\&E should be carrying more inventory. 9. (2 Pts) To achieve industry inventory turns, which of the following is a true statement? a. VG\&E should reduce inventory levels $40,000. b. VG\&E: shouid reduce inventory levels $30,000. c. VGi\&E should reduce inventory levels $20,000. d. VG\&E should decrease inventory levels $10,000