1. The following are the balance sheet and the income statement of ABC Inc., please compute the important financial ratios in common, including short-term solvency ratios, long-term solvency ratios, asset management ratios, profitability ratios and market value ratios in 2020. The stock current price is $35 (35) Assets 2019 2020 $ 40 $ 101 294 270 269 280 58 50 5.761 3.707 Current Cash and equivalents Accounts receivable Inventories Other Total current Fwd: Property plant, and equipment Les accumulated depreciation Net property, plant and equipment intables and others Totalfwed assets $1.03 550 873 $1.274 460 814 Liabilities (Debt) and 2019 2020 Stockholders' Equity Current Accounts payable $ 213 $197 Nos pable 50 53 Aceredes 223 205 Toal current $ 686 455 Long termes Deferred $ 117 $ 104 Longe de 471 458 Tocal long-term 5 $88 $ 562 Soldiers Predok $ 395 39 Commons 55 32 Capitaluri 347 327 Accued and 390 347 cap Lesy 26 20 Tool $ 805 5.735 Toallabillosad tochody $229 $ 1.142 245 221 $1.118 31.035 Tools $1.879 $1.00 2020 Income Statement of ABC Inc.. Total operating revenues Cost of goods sold Selling general , and administrative expenses Depreciation Operating income Other income Earnings before interest and taxes (EBIT) Interest expense Pretax income Taxes Current: $71 Deferred: 13 Net income Addition to retained earnings Dividends: $2.262 1.655 327 90 $ 190 29 $ 219 $ 170 94 $ 86 $ 43 43