Please explain how to solve

| -| 2.H.TNormalTNo Spac Heading 1 Heading 2 Title Subtitle Subtle Emer- Font Paragraph Styles You are required to show all work to receive full credit Assume the following data for Spring Break Corp: Statement of Income: Balance Sheet: 2017 2017 2016 Sales Costs Op Income Interest Pre-tax Income Taxes Net income $750 300 450 40 410 160 $250 Current Assets $1,050 $840 400 100 1,340 PP&E Goodwill Total Assets 650 150 1,850 Current Liabilities 250 150 Revolving Credit Line 150 Deferred taxes20 570 Shareholders' Equity 1 280 $1,850 200 120 110 10 440 900 $1,340 Notes Payable Total Liabilities 1. Calculate the net profit margin and explain what it means, (2 pts) 2. Calculate the ROE (return on equity) and explain what it means. (2 pts) 3. Calculate the current Debt/Total Capital ratio and explain what it means. (2 pts) 4. Calculate the asset turnover ratio and explain what it means. (2 pts) English (india