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2016 2017 2018 $2500 $8,300 Current Assets Total Assets Current Liabilities Total Liabilities Retained Earnings Net Sales Cost of Goods Sold Net Income $8,800$7800 $12,000

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2016 2017 2018 $2500 $8,300 Current Assets Total Assets Current Liabilities Total Liabilities Retained Earnings Net Sales Cost of Goods Sold Net Income $8,800$7800 $12,000 $11,500 $3,000$2,000 $1,000 $6,100$5,300 $4,000 $3,800 18,000 $14,000$13,000 $5,000$7,000 $6,000 $3,300 $400 6,000 4,000$2,000 a. Calculate current ratio, debt-to-total-assets ratio, return on sales for each year. b. Comment on Virginia Inc's liquidity, Solvency, and Profitability. c. Would you lend money to Virginia provide reasons from what you determined per a and b

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