Balance Sheet December 31 2016 (9) 2017 (5) Assets 2.000 2.000 20,000 4.000 30,000 4,500 6,500 5.000 35.000 5.600 Accounts receivable (net) Inventory Property, plant, and equipment (net) Other assets Total Liabilities and telhaders I quity Accounts payable Notes payable Bonds payable Comision stekla 2.500 1.500 10,000 1.000 9,000 6.000 30,000 3,000 4.000 30.000 3,000 9,000 7.000 56,000 Retained eaming Total liabilities and stockholders equity Income Statements For the Year Ended December 31, 53,000 2017(E) 36,000 Net sales Costs and experie Cost goods sold Selline Administrative expenses Total condenses Income from ons Inter expense Income before in te Income taxes Net income 37.000 7,000 4.000 548,000 5.000 1.400 3.600 1.800 61.000 10.000 5.000 76,000 10.000 3,200 16.800 3,400 3.400 Tasks Prepare a report for Beard of Directors that includes the following: A-Calculate following ratis Current ratio, quick ratio, Asset tumover, Profitability ratios (profit margin, gross profit margin. Receivable tumower ratio, payable turnover, cumone, reum en equity, earning per share, Debt-Equity ratio, price caming ratio and vidend yield ratio