As a bank manager you have an application from Alen Company for $1.000.000 five-year loan Financial statement data on the company for the last two years we given below Allen Copy Comparative Balance Sheet 3200 4300 Carna Cash Marketable secure Accounts Inventory Prepaid expenses 900 1.100 SO 800.000 600 Total Plastindumentet 000 3.100.000 190 000 2,980,000 Total 5.700.00 4900,000 Liabilities and Stockholders qui Curre Bonds 1.300.000 200.000 920.000 1.000.000 Totallables Stockholderscout Common stock Rendering 00 00 000 440.000 Total sockhokery 3.200.000 3.000.000 490 Total bland helpingu 3.700 Allen Company Income Statement 2019 Sales (all on 3.250.00 Cost of goods sold 4.200.000 2018 4.160.000 3.300 000 Gain Selling and administrative 1.050 od Stod 860,000 520000 Net operating income $20,000 120.000 340,000 100 000 Net income before taxes Income taxes 30%) 400 OK 120xd 240.000 72.000 Net income 280 OOK 16 000 You determine that the following rates are typical of companies in Allen's industry Current ratio Acid-test ratio Average collection period Days' Supply in Inventory Debt-to-equity ratio 12 31 days 60 days Required 1. For both 2018 and 2019.compte Working capital The current ratio c. The acidi d. The average collection period. (The accounts receivable at the beginning of 2018 totaled The inventory tumover (The inventory at the beginning of 2018 totaled 5600,000.) The debe toquity ratio The gross margin percentage