Question: the second picture is what we have to enter it like For Save of Foods Inc., please calculate and explain the following ratios for 2024

the second picture is what we have to enter it like
the second picture is what we have to enter it like For
Save of Foods Inc., please calculate and explain the following ratios for
2024 and 2025: 1) Current 2) Debt as a \% of Assets
3) Equity as a \% of Assets 4) Gross margin 5) Profit
margin 6) Inventory turnover 7) Inventory turnover - Day in inventory 8)

For Save of Foods Inc., please calculate and explain the following ratios for 2024 and 2025: 1) Current 2) Debt as a \% of Assets 3) Equity as a \% of Assets 4) Gross margin 5) Profit margin 6) Inventory turnover 7) Inventory turnover - Day in inventory 8) Accounts receivable turnover 9) Accounts receivable turnover - Day in accounts receivable Notes: F Round as follows: Percentage - 95.44%=95.4% - 95.45%=95.5% Do not show percentages as " 0.30 ", show as 30% - Numbers - 95.44=95.4 - 95.45=95.5 Arial 12 B General fx B c D E F Task \#2 - Ratios: 1) Current \begin{tabular}{|l|l|l|} \hline 2025 & 2024 & Explanation \\ \hline \end{tabular} - Type here 2) Debt as a % of assets \begin{tabular}{|r|r|r|} \hline 2025 & 2024 & Explanation \\ \hline 0.0% & 0.0% & \\ \hline & & \end{tabular} 3) Equity as a \% of assets 2025 2024 Explanation 0.0% 0.0% 4) Gross margin Coverpage Task \#1 Task \#2 - Ratios Task \#3 - Direct + \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Save of Foods Inc. } \\ \hline \multicolumn{4}{|c|}{ Statement of Retained Earnings } \\ \hline For ye & ecember 3 & & \\ \hline & 2025 & 2024 & 2023 \\ \hline Retained earnings - Opening & 21,000 & 15,000 & 6,000 \\ \hline Net Income for year & 18,000 & 13,000 & 13,000 \\ \hline Dividends declared & (17,000) & (7,000) & (4,000) \\ \hline Retained earnings - Ending & 22,000 & 21,000 & 15,000 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Save on Foods Inc. } \\ \hline \multicolumn{4}{|c|}{ Statement of Income } \\ \hline \multicolumn{4}{|c|}{ For year ending December 31} \\ \hline & 2025 & 2024 & 2023 \\ \hline \multicolumn{4}{|l|}{ Revenue } \\ \hline Sales & 125,000 & 118,000 & 112,000 \\ \hline Total revenue & 125,000 & 118,000 & 112,000 \\ \hline \multicolumn{4}{|l|}{ Expenses } \\ \hline Cost of goods sold & 90,000 & 89,000 & 85,000 \\ \hline Selling and general administrative expenses & 12,000 & 13,000 & 11,000 \\ \hline Advertising & 2,000 & 1,000 & 1,000 \\ \hline Total expenses & 104,000 & 103,000 & 97,000 \\ \hline Income from operations & 21,000 & 15,000 & 15,000 \\ \hline \multicolumn{4}{|l|}{ Other income and expenses } \\ \hline Interest income & 1,500 & 2,000 & 1,000 \\ \hline Interest expense & (500) & (1,000) & (1,000) \\ \hline Income before corporate income taxes & 22,000 & 16,000 & 15,000 \\ \hline Corproate income taxes & 4,000 & 3,000 & 2,000 \\ \hline Net income & 18,000 & 13,000 & 13,000 \\ \hline \end{tabular} For Save of Foods Inc., please calculate and explain the following ratios for 2024 and 2025: 1) Current 2) Debt as a \% of Assets 3) Equity as a \% of Assets 4) Gross margin 5) Profit margin 6) Inventory turnover 7) Inventory turnover - Day in inventory 8) Accounts receivable turnover 9) Accounts receivable turnover - Day in accounts receivable Notes: F Round as follows: Percentage - 95.44%=95.4% - 95.45%=95.5% Do not show percentages as " 0.30 ", show as 30% - Numbers - 95.44=95.4 - 95.45=95.5 Arial 12 B General fx B c D E F Task \#2 - Ratios: 1) Current \begin{tabular}{|l|l|l|} \hline 2025 & 2024 & Explanation \\ \hline \end{tabular} - Type here 2) Debt as a % of assets \begin{tabular}{|r|r|r|} \hline 2025 & 2024 & Explanation \\ \hline 0.0% & 0.0% & \\ \hline & & \end{tabular} 3) Equity as a \% of assets 2025 2024 Explanation 0.0% 0.0% 4) Gross margin Coverpage Task \#1 Task \#2 - Ratios Task \#3 - Direct + \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{\begin{tabular}{l} Save of Foods Inc. \\ Statement of Financial Position \end{tabular}} \\ \hline \multicolumn{4}{|c|}{ As at December 31} \\ \hline & 2025 & 2024 & 2023 \\ \hline \multicolumn{4}{|l|}{ Assets } \\ \hline \multicolumn{4}{|l|}{ Current assets } \\ \hline Cash & 8,000 & 5,000 & 6,000 \\ \hline Short term investments & 1.000 & 2,000 & 2,000 \\ \hline Accounts receivable & 1,000 & 1,500 & 1,200 \\ \hline Inventory & 9,000 & 10,000 & 8,000 \\ \hline Total current assets & 19,000 & 18,500 & 17,200 \\ \hline \multicolumn{4}{|l|}{ Non-current assets } \\ \hline PP\&E - Land & 6,000 & 6,000 & 6,000 \\ \hline PP\&E - Buildings & 10,000 & 11,000 & 8,000 \\ \hline PP\&E - Equipment and fixtures & 3,000 & 1,500 & 1,800 \\ \hline Total Assets & 38,000 & 37,000 & 33,000 \\ \hline \multicolumn{4}{|l|}{ Liabilities and Shareholders Equity } \\ \hline \multicolumn{4}{|l|}{ Current liabilities } \\ \hline Accounts payable & 4,300 & 4,200 & 5,000 \\ \hline Unearned revenue & 700 & 800 & 1,000 \\ \hline Current portion of long-term debt & 1,000 & 1,000 & 1,000 \\ \hline Total current liabilities & 6,000 & 6,000 & 7,000 \\ \hline \multicolumn{4}{|l|}{ Non-current liabilities } \\ \hline Long-term debt & 6,000 & 7,000 & 8,000 \\ \hline Total Liabilities & 12,000 & 13,000 & 15,000 \\ \hline \multicolumn{4}{|l|}{ Shareholders' equity } \\ \hline Shares & 4,000 & 3.000 & 3,000 \\ \hline Retained earnings & 22,000 & 21,000 & 15,000 \\ \hline Total Shareholders Equity & 26,000 & 24,000 & 18,000 \\ \hline Total Liabilities and Shareholders Equity & 38,000 & 37,000 & 33,000 \\ \hline \end{tabular}

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