Question: Sales Using the financial data below, answer the following questions to assess the financial strength of this company. (Note, all ratios should be taken to

Sales Using the financial data below, answer the following questions to assess the financial strength of this company. (Note, all ratios should be taken to the second (2nd) decimal point, and percentages should be presented in the form 12.34%, not.1234. W the answer is presented.1234 it will be marked Incorrect) From Income Statement 2020 2019 2018 2017 $29.778 527.079 $28 105 $27.931 Cost of Goods Sold 17,621 16,496 16,863 16,725 Gross Income $12.157 $10,583 511 242 $11.206 Operating Expenses 8.942 8,544 8.459 8,528 Operating Income $3,215 $2.039 $2783 52.678 Interest Expense 383 361 393 388 Taxes 921 608 860 801 Net Income 51 911 1,070 $1.526 $1.486 From Balance Sheet 2020 2019 2018 2012 Call S2.297 $1,109 52.246 $2.273 Receivables 522 558 424 438 Inventory 5,807 5.985 5.977 Total Current Assets 59.626 57,652 $8.50 58.688 Total Assets 521851 520,576 $21330 $21,620 Total Current Liabilities $6 647 $5,728 $5,075 85.726 Total Liabilities S15 528 516,126 $15.952 515,321 Total Equity 56,323 $1,250, 55,328 56.249 5.910 % (rounded to 2nd decimal point) 1. What is the Compound Annual Growth Rate of Revenue over the entire reporting period? 2. By what percent did revenue grow in 2020? % (rounded to 2nd decimal point) 3. What is the 2020 Gross Margin? % (rounded to 2nd decimal point) 4. What is the 2020 Operating Margin? % (rounded to 2nd decimal point) What is the 2020 Net Margin? % (rounded to 2nd decimal point) 6 What is the 2020 Return on Assets? % (rounded to 2nd decimal point) 7 What is the 2020 Return on Equity % (rounded to 2nd decimal point) 8. What is the 2020 Current Ratio? (rounded to 2nd decimal point) 9 What is the 2020 Quick Ratio? (rounded to 2nd decimal point) 10 What is the 2020 Inventory Turnover Rate? * (rounded to 2nd decimal point) 11. What is the 2020 Days in Inventory? days (rounded to 2nd decimal point) 12 What is the 2020 Debt-to-Asset Ratio? (rounded to 2nd decimal point) 13. What is the 2020 Debt-to-Equity Ratio (rounded to 2nd decimal point) 14. What is the 2020 Times Interest Eamed * rottided to 2nd decimal point
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