15 Jan Ph1(DB3)In 1,000 words Write a memo to your superi

Ph1(DB3)In 1,000 words Write a memo to your superior analyzing the performance of SAC for 2010 and 2011. This analysis should be based on the information found in the consolidated financial statements.Download Click here for the 2010 and 2011 financial information. Your memo should include the following financial ratios and a comparison of the ratios over the two-year period:current ratiodebt-to-equity ratioinventory turnover (use ending inventory)accounts receivable turnover (use ending accounts receivable balance)gross margin percentage Show your calculations for each ratio and comment on SAC’s performance for each ratio. Discuss other tools/methods that could be utilized to analyze the financial performance of a company.