Use this information for New Tech Company to answer the following question. Income Statement 2013 2014 2015 Sales 100 110 120 Cost of goods sold 50 51 52 Depreciation 20 20 20 General, sales & admin expenses 70 65 60 Taxes 10 10 10 Net Income -50 -36 -22 Balance Sheet 2013 2014 2015 Current Assets 40 45 40 Property, plant & equipment 60 55 60 Total Assets 100 100 100 Current Liabilities 40 40 35 Long-Term Liabilities 10 10 15 Equity 50 50 50 Total Liabilities & Equity 100 100 100 INDUSTRY AVERAGE RATIOS 2013 2014 2015 1 60% = CR (Current Ratio) 1.5 1.5 DR (Debt Ratio) = TL/TA 60% 60% TAT (Total Asset Turnover) 2 2.2 2.5 Current sites Long-Term Libri Erity Total Liabilities 5 Equity OD 15 50 100 100 100 INDUSTRY AVERAGE RATIOS 2013 2014 2015 CR (Current Ratio) 15 15 1 DR (Debt Ratio) - TL/TA 60% 60% 09 TAT (Total Asset Turnover) 2 22 2.5 PM (Pront Margin) 49 5% Sales Growth 2.50% 3% Profit Growth 5% 25% 20% Which of the following items characterize New Tech Company? tot may be more than one option). EXPLAIN (and report your calculations) 1. Low debt & unpro table 2. High debt & unprofitable 3. Decreasing profit margin 4. Increasing sales with a decreasing sales growth rate 5. All the above characterize New Tech Company