Please find attached financial statement extracts for BroadMoor Docking, Inc. Using the attached template (or the Excel template provided): - Calculate the following performance (profitability, asset management) and financial leverage (liquidity, solvency) ratios for 2023 only. - Provide an explanation (definition) for what each ratio means. Please find attached financial statement extracts for BroadMoor Docking, Inc. Using the attached template (or the Excel template provided): - Calculate the following performance (profitability, asset management) and financial leverage (liquidity, solvency) ratios for 2023 only. - Provide an explanation (definition) for what each ratio means. BroadMoor Docking Inc. Sample Financial Statements September 30, 2023 BALANCE SHEET As at September 30, 2023 2023 2022 CURRENT ASSETS Cash and equivalents Inventory Accounts receivable $2,8755,3001,6529,827$2,8406,2851,25010,375 CAPITAL ASSETS Boats Fuel tanks Buildings Docks/Decks Equipment Less: accumulated amortization INTANGIBLE ASSETS Goodwill TOTAL ASSETS CURRENT LIABILITIES Accounts payable Accrued liabilities Current portion of long term debt** 12,7502,5003,20018,45013,2831,5502,70017,533 BroadMoor Note - input items in yel@only A PROFITABILITY RATIOS 2023 Return on Equity Return on Assets Net Profit Margin EBIT Margin Gross Margin B ASSET MANAGEMENT RATIOS Asset Turnover Fixed Asset Turnover Receivable Days Inventory Days =EquityNetIncome= =TotalAssetsNetIncome= =SalesNetIncome= =SalesEBIT= =SalesGrossProfit= 2023 =CapitalAssetsSales= = Trade Receivables 365= =CostofSales(orSales)Inventory365= C LEVERAGE/SOLVENCY RATIOS 2023 Equity multiplier Debt to equity = Interest Bearing Debt = Equity Please find attached financial statement extracts for BroadMoor Docking, Inc. Using the attached template (or the Excel template provided): - Calculate the following performance (profitability, asset management) and financial leverage (liquidity, solvency) ratios for 2023 only. - Provide an explanation (definition) for what each ratio means. Please find attached financial statement extracts for BroadMoor Docking, Inc. Using the attached template (or the Excel template provided): - Calculate the following performance (profitability, asset management) and financial leverage (liquidity, solvency) ratios for 2023 only. - Provide an explanation (definition) for what each ratio means. BroadMoor Docking Inc. Sample Financial Statements September 30, 2023 BALANCE SHEET As at September 30, 2023 2023 2022 CURRENT ASSETS Cash and equivalents Inventory Accounts receivable $2,8755,3001,6529,827$2,8406,2851,25010,375 CAPITAL ASSETS Boats Fuel tanks Buildings Docks/Decks Equipment Less: accumulated amortization INTANGIBLE ASSETS Goodwill TOTAL ASSETS CURRENT LIABILITIES Accounts payable Accrued liabilities Current portion of long term debt** 12,7502,5003,20018,45013,2831,5502,70017,533 BroadMoor Note - input items in yel@only A PROFITABILITY RATIOS 2023 Return on Equity Return on Assets Net Profit Margin EBIT Margin Gross Margin B ASSET MANAGEMENT RATIOS Asset Turnover Fixed Asset Turnover Receivable Days Inventory Days =EquityNetIncome= =TotalAssetsNetIncome= =SalesNetIncome= =SalesEBIT= =SalesGrossProfit= 2023 =CapitalAssetsSales= = Trade Receivables 365= =CostofSales(orSales)Inventory365= C LEVERAGE/SOLVENCY RATIOS 2023 Equity multiplier Debt to equity = Interest Bearing Debt = Equity