1) briefly explain the definition / meaning of the ratio.

2) Then compare the periods on this basis.and whether there has been an improvement or decline. Remembereach ratio below requires a interpretation

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20Y2 Calculated 20Y3 Given Category and Individual Ratios Value from Cengage Value Individual Ratio Analysis Liquidity 1 Dollars $ 2,790,000 $2,500,000 The working capital decreased in comparision to the Working Capital previous year 2 Current ratio Times 4.1 4 3 Quick ratio Times 2.5 3.2 4 Accounts receivable turnover Times 16 15 5 Number of days' sales in receivables Days 22.8 days 25 6 Inventory turnover Times 2.2 times 10 7 Number of days' sales in inventory Days 73 30 Solvency 8 Ratio of fixed assets to long-term liabilities Times 2.2 1.5 9 Ratio of liabilities to stockholders' equity Times 0.4 2 10 Times interest earned Times 7.6 10 Profitability 11 Asset turnover Times 1.1 2 12 Return on total assets % 11.50% 10% 13 Return on stockholders' equity % 13.30% 15% 14 Return on common stockholders' equity % 13.60% 17% 15 Earnings per share on common stock $ $8.55 $ 10.00 16 Price-earnings ratio Times 14 20 17 Dividends per share of common stock $ $0.50 $ 1.00 18 Dividend yield % 0.40% 3.0% You all get the chance to play the role of financial analyst. 1) The summary should be evaluation of the company's performance for each major category of ratios (liquidity, solvency, and profitability). 2) Focus on major financial differences as you make an overall conclusion on the company's performance and whether it would be a good career choice. Be sure to support your answer Liquidity Solvency Profitability Overall Conclusion