Write 4-5 paragraphs on Finance and accounting

Write 4-5 paragraphs on Finance and accounting

Consider the following financial information:

Total Equity = $300,000

Total Liabilities = $200,000

Average Inventory = $110,000

Cost of Goods Sold = $3,000,060

Current Liabilities = $160,000

Current Assets = $400,000

Net Income = $120,000

Given this financial information, answer the following questions:

Compute the Debt to Equity ratio, and provide a paragraph outlining what this means to a given business (why it is important).

Compute the Inventory Turnover ratio, and provide a paragraph outlining what this means to a given business (why it is important).

Compute the Current Ratio, and provide a paragraph outlining what this means to a given business (why it is important).

Compute the Return on Equity ratio, and provide a paragraph outlining what this means to a given business (why it is important).

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