Compute six ratios that measure Tomloff Corporation's ability to earn profits. The company's comparative income statement follows. The data for 2015 are given as needed.

Did the company's operating performance improve or deteriorate during 2017?

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Tomloff Corporatlon Income Statement For the Years Ended December 31, 2017 and 2016 (amounts In thousands) 2017 178,120 $ 94,000 84,120 S 43,000 41,120 S 7,360 33,760 S 11,495 22,265 S 2016 2015 167,725 88,000 79,725 35,000 44,725 8,100 36,625 23,207 13,418 6 Sales revenues 7 Less: Cost of goods sold Gross profit 9 Less: Operating expenses 10 Operating Income 11 Less: Interest expense 12 Income before Income taxes 13 Less: Income tax expense 14 Net Income 15 16 Additional data: 17 Total assets 18 Common stockholders' equlty 19 Preferred dividends 20 Common shares outstanding during the year IS 203,000 S 110,050 S 2,660 S 26,140 179,000 77,000 192,000 S 86,000 S 2,660 S 26,140 24,000 21 in 12345n67890