a. Price to Earnings Ratio (per Company's Valuation Measures on Yahoo! Finance) 2020: 30.52 ii. 2019: 20.68 b. Return on Equity: i. 2020: Net Income / Stockholders Equity = 5,696,000/17,549,000 = 3245 = 32.5% 1. Net Income = Total Revenue - Total Expenses = 32,637,000 - 26,941,000 = 5,696,000 (or Operating Income on Income Statement) ii. 2019: 6,851,000/18,494,000 = 3704 = 37% 1. Net Income = 36,709,000 - 29,858,000 = 6,851,000 C. Profit Margin: i. 2020: Net Income / Sales = 5,696,000 / 32,637,000 = 175 = 17.5% 1. Net Income = 32,637,000 - 26,941,000 = 5,696,000 2019: 6,851,000 / 36,709,000 = 187 = 18.7% 1. Net Income = 36,709,000 - 29,858,000 = 6,851,000 d. Times-Interest-Earned: i. 2020: EBIT / Interest Expense = 6,371,000 / 359,000 = 17.747 Times ii. 2019: 7,916,000/357,000 = 22.174 Times Question: Did the ratios increase or decrease from 2019 to 20207 Based on these ratios. What is the debt, profitability, market position of your company