2018 $ 120 180.0 180.0 $ 372.0 300.0 $ 672.0 $108.0 72.0 Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals No es payable To al current liabilities Long-term bonds Total liabilities Common stock (50 million shares) Retained earnings Common equity Total liabilities and equity 67.0 $247.0 150.0 $397.0 50.0 225.0 $275.0 $672.0 B] Using the completed income statement in part (A) above and the balance sheet below, analyze the performance of the company using the following ratio and industry average. [No formula sheet for financial ratios is provided at the beginning of the exam] [2.5] Industry Average Total debt to total capital 36% 01