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1. 2. 3. 4. The comparative balance sheets for are shown below. Comparative Balance Sheets As of 2019 2018 2017 Cash $ 10,030 $ 8,564

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The comparative balance sheets for are shown below. Comparative Balance Sheets As of 2019 2018 2017 Cash $ 10,030 $ 8,564 $ 9,992 Accounts receivable 12,471 14,364 11,397 Inventory 79,728 64,902 63,805 Plant assets (net) 31.396 29,529 27.168 Total assets $ 133,625 $ 117,359 $ 112,362 Accounts payable $38,421 $27,724 $25,271 Bonds payable 44,613 35,359 36,001 Common stock 5,061 5,061 5,061 Retained earnings 45,530 49,215 46,022 Total liabilities and equity $ 133,625 $ 117,359 $ 112,362 ave, fill in ith the common-size percentages. 2019 2018 2017 Cash 96 % 9 Accounts receivable % 96 96 Inventory 56 96 96 Plant assets BR TOR por Total assets DOR %% BR Accounts payable % %6 Bonds payable % %6 $ Common stock % %6 Retained earnings % %6 Total liabilities and equity 96 are shown The comparative income statements for below. Comparative Income Statements For the Years Ended 2019 2018 2017 Sales $ 47,007 $ 44,438 $ 41,138 Cost of goods sold 23,328 23,201 20.280 Gross margin 23,679 21,237 20,858 Selling expenses 9,645 9,352 8,602 General and administrative expenses 7,836 6.734 6,756 Net income $ 6,198 $ 5.151 $5.500 o fill in the trend percentages. Trend Analysis 2019 2018 2017 Sales se % % Cost of goods sold % % % Gross margin % % % Selling expenses % % % General and administrative expenses del % % Net income % % sel Calculate the debt to equity ratio for 2019 Balance Sheet 2019 Cash $ 10,030 Accounts receivable 12,471 Inventory 79,728 Plant assets (net) 31,396 Total assets $ 133,625 Accounts payable $38,421 Bonds payable 44,613 Common stock 5,061 Retained earnings 45.530 Total liabilities and equity $ 133,625 Calculate the current ratio Balance Sheet As 2018 Cash $ 8,564 Accounts receivable 14,364 Inventory 64,902 Plant assets (net) 29,529 Total assets $ 117.359 Accounts payable $27,724 Bonds payable 35,359 Common stock 5,061 Retained earnings 49.215 Total liabilities and equity $ 117.359

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