9:22 Med-term exam Financial manage... Exercice 4 Selected comparative financial statement data for ABC inc Balance Sheet (En milliers de dollars) 2016 2017 Assets Assets CT -Cash - Accounts Receivable - inventories - Prepaid Insurance Total Assets CT Assets LT - Building - Land 7621 69 907 123 413 566 9842 75 982 119233 963 136 324 15 307 130 324 11 438 Total Assets LT Total de Assets 151 631 353 138 141 762 347 782 Laibilities 4 921 55 619 2872 11 614 3 271 61 855 3906 13 812 Laibilities CT - Loan CT - Accounts Payable - Taxes payable - Notes Payable Total de laibilities CT Laibilities LT -Loan LT Owner's Equity - Capital -Retained earnings 94 355 63 956 50 000 133 757 50 000 150 982 Total laibilities and Owners Equity 353 138 347 782 Statement of Net Income 2018 2017 9:22 Med-term exam Financial manage... 94 355 63 956 -Loan LT Owner's Equity - Capital Retained earnings SO 000 133 757 SO 000 150 982 Total laibilities and Owners Equity 353 138 347 782 Statement of Net Income 2018 2017 Sales revenue 540 661 724 325 Cost of Sales 399 366 450 362 Gross profit Selling general, and administ 85 467 95 123 Profit before income tax Income tax 6141 33789 Profit 1- Calculete the ratios, Explain? 1- Current Ratio 2- Bebt to total Assets 3-Gross profit Margin 4- Profit Margin 5-Earnings per Shar (Number of common shares : 15 000)