1-a. Calculate the gross prot percentage, return on equity, and asset turnover ratio for 2016 and 2017. {Round your answers to 2 decimal places.} -m-m \"ll. Return on equity - "ll. Asset tumover 1-b. Was NGS more protable in 2016 or 201?? O 2017 O 2016 2-3. Calculate the current ratio and quick ratio for 2016 and 2017. (Round your answers to 2 decimal places} Current ratio Quick ratio times 2-b. Was NGS more liquid in 2016 or 2017? O 2016 O 2017 3-a. Calculate the debt-to-assets ratio and times interest earned ratio for 2016 and 2017. (Round your answers to 2 decimal places.) 2016 2017 Debt-to-assets times times Times interest earned times times 3-b. Was NGS more solvent in 2016 or 2017? O 2016 O 2017Looking back over the past few years, it is clear that Nicole Mackisey has accomplished a lot running her business, Nicole's Getaway Spa (NGSl. Nicole is curious about her company's performance as she compares its nancial statements. Balance Sheet 201'? 2016 2015 Cash $ 8, 400 $ 5, 900 $ 5, 500 Accounts Receivable, Net 2, 850 3, 350 2, 650 Inventory 1, 540 3, 850 2, 280 Prepaid Expenses 920 1, 390 540 Other Current Assets 470 520 540 Total Current Assets 14,180 15, 010 11, 510 Property and Equipment 81, 000 95, 000 33, 800 Total Assets $95,180 $111,010 $45,310 Current Liabilities $ 9, 700 $ 9, T00 $10, 700 Long-term Liabilities 41, 800 59, 860 17, 400 Total Liabilities 51, 500 69, 560 28,100 Contributed Capital 35, 200 38, 500 16, 000 Retained Earnings 8, 480 2, 950 1, 210 Total Shareholders ' Equity 43, 680 41, 450 17, 210 Total Liabilities and Shareholders' Equity $95,180 $ 111, 010 $45, 310 Inc ome St at ement Sales Revenue $97\