\begin{tabular}{lrr|} \hline & 2015 & 2016 \\ Sales & 269,585 & $285,760 \\ Cost of Goods Sold & 202,189 & 205,132 \\ Depreciation & 20,000 & 21,950 \\ Earnings before Interest and Taxes & $47,396 & $58,678 \\ Interest paid & 9,145 & 9,875 \\ Taxable income (EBT) & 38,251 & $48,803 \\ Taxes (34\%) & 13,005 & 17,081 \\ Net Income & $25,246 & $31,722 \\ Stock Price & $40.05 & $43,00 \\ \# shares outstanding & 20,000 & 20,000 \\ \hline \end{tabular} 1. Calculate all the Market Value Ratios for both years a. Price/Earnings Ratio b. Market/Book Ratio c. How are they trending? 2. Show the Dupont equation for each year and the industry average for ROA and each year for ROE. a. ROA b. ROE c. Where are the bad or good trends