The accounting staff of CCB Enterprises has completed the financial statements for the 2025 calendar ...

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The accounting staff of CCB Enterprises has completed the financial statements for the 2025 calendar year. The statement of income for the current year and the comparative statements of financial position for 2025 and 2024 follow. Required 1. Calculate the following financial ratios for 2025 for CCB Enterprises (Show your work): a) Times interest earned b) Return on assets c) Return on equity d) Debt-to-equity ratio (at December 31, 2025) * Use total liabilities in the numerator* e) Current ratio (at December 31, 2025) f) Acid-test ratio (at December 31, 2025) g) Accounts receivable turnover ratio (Assume that all sales are on credit.) h) Average collection period i) Inventory turnover ratio (Assume that all purchases are on credit.) j) Average days in inventory k) Profit margin 2. Comment on the overall financial health of CCB Enterprises. Indicate any information that is not provided in the problem that you would need to fully evaluate the company's financial health. Make sure to address all the ratios.