Calculate the following profitability ratios for 2017.

GREAT ADVEN'HJREE, INC. Balance Sheet December 3'11 201? and 2MB Increase [I] or 2th? EDIE Decrease {D} Assets Current assets: Cash E 321.?3 $ HEDGE HERE-E {ll Accounts receivable EDDDD A 'l {ll Inventory TELEDD 'IEDDD ssoo {ll {rmer current assets 14.5[2ID \"IZDEID 2.soo {ll Long-term assets: Land SUBBED D SUBBED {ll Buildings 'IJEIIDDDD D 'I.TI]D.EIIDD {ll Equipment TEDDD T Less: Accumulated depreclati on (SHEEN (2?.TED} EDDDD {II Total assets $2.DDI.E|IEE $ IETEED IJabllities and Stockholders' Equity Current llabilltles: Accounts payable $13.5[J $IDDDD ssoo {ll Interest payable EIED EIED Income tax payable EEIJCIDII} 433m} 20.001} {II Long-term llabilitles: Notes payable 591235 SEDDD 552.235 {ll Stocldtoloers' eoulty: Common stock 125.001} 25.0013 IUDDDD {II Pald-ln capital 1.1DE.5DD D 1.1DE.EDD {ll Retalned earnings TEEBDII} 153.4oo 42.5[ID {ll Treasury stock [BREED]: D [HEDGE]: {II Total llabllltles and stockholders equlty $2.UDI.BEIE $ 251.251} As you can tell from the nancial statements. 2G1? was an especlally busy year. Tony and Suzle were able to use the $1.2 rnllllon received from the Issuance of 1. shares of stool: and hire a oonstmction company for $1 mllllon to bulld the cabins. dlning facilitles. ropes course. and the outdoor swimmlng pool. They eyen put In a baby pool to celebrate the birth oftheir rstborn son. llttle 1I.I'enture Matheson. Assume all sales and serylces are on credit Great Adventures Problem 12-1 Hhe following lnl'bfmeon applies to the questlms deployed below] lnoome sletement and balanoe sheet date for Great Adventures. |nr:.. are provided below. GREAT ADVENTURES, INC. Income Statement Forlhe 1'I'ear Ended December 31. em? Revenues: Servlee revenue [elinirx racing. TEAM] $563.0[l Sales revenue {MU watches} 133301;} Total revenues STOLDDD Expenses: Cost of goods sold [MU watches: BDDD Operating expenses SUBJE- Depreeietlon expense EDDDD Interest expense 30.?24 lnoome lax expense ElElDD Total expenses EEIEDEID Net Income $152.UEID