Questions $1(60$ points$)$: From the information stated below, give your answers for the year ending Jan. $29,2023.1-$ Analyse the profitability of the company. o$$ To do that calculate:$1$ The gross margin percentage $2$ The return on total assets $3$ The return on equity $2-$ Assess the liquidity and asset management of the companyo$$ To do that calculate:$1$ Working capital. $2$ The current ratio. $3$ The acid$-$test ratio. $4$ The average collection period. $5$ The average sale period. $6$ The operating cycle $3-$ Assess the company solvency:o$$ In order to do that, calculate:$1$ The debt$-$to$-$equity ratio. $2$ The times interest earned ratio. $4-$ Summarize which are the strengths and weaknesses. Which recommendations would you give to the company management to improve its competitive position? Support your answer on your calculations. Prepare a common size income statement and answer to the following questions:$1.-$ How is the development of the sales of the company in the period?$2.-$ What is the development of the margin?$3.-$ What is the development of the fixed costs?$4.-$ Make your comments and explain numerically the development of the following items:a$)$ Total Assetsb$)$ Total Liabilitiesc$)$ Stockholder$$s Equityd$)$ Change in cash e$)$ What is the working capital of the company, is it adequate for the business of the company?f$)$ Comment on the leverage of the company and give an explanation based on calculations.k$)$ Comment on the cash flow development of the period.l$)$ Explain the difference between Net Income and Operating Cash Flow.