Account information from the comparative financial statements of Hopkins Ltd. for the year ended December 31 appear below:

	2019	2018
Accounts receivable	$129,000	$48,900
Accounts payable	62,000	51,000
Accumulated Depreciation	60,000	30,000
Bonds Payable (due June 30, 2030)	200,000	200,000
Building	280,000	280,000
Cash	95,000	42,000
Common Shares	100,000	100,000
Cost of goods sold	510,000	390,000
Depreciation expense	30,000	30,000
Income tax expense	20,000	18,000
Income tax payable	4,000	3,800
Interest expense	39,000	32,000
Interest payable	7,500	6,000
Inventory	74,000	55,000
Land	120,000	120,000
Notes Payable (due in 6 months)	40,000	0
Office Supplies	5,500	2,900
Operating expenses	275,000	240,000
Prepaid insurance	20,000	16,000
Retained Earnings, January 1st	174,000	64,000
Sales (net credit)	950,000	820,000

REQUIRED: Using the information above (all accounts have normal balance), calculate the following ratios for 2019 indicating whether it is a ratio (x:x), a percentage (to 2 decimal places xx.xx), times (to 2 decimal places), or days (cannot have a part day). 1) Current Ratio 2) Return on common shareholders' equity 3) Receivables turnover 4) Average collection period 5) Times interest earned 6) Profit margin 7) Inventory turnover 8) Days in inventory 9) Return on assets 10) Gross profit margin 11) Debt to total assets 12) Asset turnover PART B: Using your answers from above, compare 2019 to 2018 and answer the following questions with FAVOURABLE or UNFAVOURABLE. 1) The change in the current ratio from 2019 to 2019 is 2) The change in Times Interest Earned ratio from 2018 to 2019 is 3) The change in Profit Margin from 2018 to 2019 is