Question text Formula Health Ltd reported the following information for the year ended 30 June 2025. [table] Formula Health Ltd Statement of Profit or Loss for the year ending 30 June 2025 (in $ 000s) [/table] [table] | 2025 Net sales | $2,110,965 Cost of sales | $1,459,455 Selling and administrative expenses | $312,044 Non-recurring expenses | $27,215 Earnings before interest, tax, depreciation and amortisation (EBITDA) | $312,251 Depreciation | $112,178 Earnings before interest and taxes (EBIT) | $200,073 Interest expense | $117,573 Earnings before tax (EBT) | $82,500 Tax (30%) | $24,750 Profit | $57,750 [/table] [table] Formula Health Ltd Statement of Financial Position as at 30 June 2025 (in $ 000s) [/table] [table] Assets | | Liabilities and equity | Cash and marketable securities | $396,494 | Accounts payable | $817,845 Accounts receivable | $708,275 | Notes payable | $101,229 Inventories | $1,152,398 | Accrued income tax | $41,322 Other current assets | $42,115 | Total current liabilities | $960,396 Total current assets | $2,299,282 | Long-term debt | $1,149,520 Property, plant and equipment | $1,978,455 | Total liabilities | $2,109,916 | | Ordinary shares | $1,312,137 | | Retained earnings | $855,684 | | Total equity | $2,167,821 Total assets | $4,277,737 | Total liabilities and equity | $4,277,737 [/table] Calculate the following ratios using the financial statements provided by Formula Health Ltd as shown above. Important note: Express your answer as per the hint given next to the textbox. Do not include $ sign or % sign. Do not use comma separators. a) (2 marks) Current ratio = Answer 1 Question 50[input] (as a number of times; round to two decimal places, such as, rounding 1.234 to 1.23 or 1.235 to 1.24) b) (2 marks) Quick ratio = Answer 2 Question 50[input] (as a number of times; round to two decimal places, such as, rounding 1.234 to 1.23 or 1.235 to 1.24) c) (2 marks) Inventory turnover ratio = Answer 3 Question 50[input] (as a number of times; round to two decimal places, such as, rounding 1.234 to 1.23 or 1.235 to 1.24) d) (2 marks) Days’ Sales Outstanding (DSO) = Answer 4 Question 50[input] (as a number of days; round to a whole number, such as, rounding 123.4 to 123 or 123.5 to 124) e) (2 marks) Asset turnover = Answer 5 Question 50[input] (as a number of times; round to two decimal places, such as, rounding 1.234 to 1.23 or 1.235 to 1.24) f) (2 marks) Net profit margin = Answer 6 Question 50[input]% (as a percentage; round to two decimal places, such as, rounding 0.1234 to 12.34 or 0.12345 to 12.35) g) (2 marks) Return on Assets (ROA) = Answer 7 Question 50[input]% (as a percentage; round to two decimal places, such as, rounding 0.1234 to 12.34 or 0.12345 to 12.35) h) (2 marks) Return on Equity (ROE) = Answer 8 Question 50[input]% (as a percentage; round to two decimal places, such as, rounding 0.1234 to 12.34 or 0.12345 to 12.35) i) (2 marks) Total debt ratio = Answer 9 Question 50[input]% (as a percentage; round to two decimal places, such as, rounding 0.1234 to 12.34 or 0.12345 to 12.35) j) (2 marks) Debt-to-equity ratio = Answer 10 Question 50[input]% (as a percentage; round to two decimal places, such as, rounding 0.1234 to 12.34 or 0.12345 to 12.35) Check Question 50