Concord Corporation was formed $5$ years apo through a public subscription of common stock. Daniel Rrown who owns $15\%$ of the

common stock was one of the organizers of $C$ oncord and is its current president. The company has been successful, but it currently is

experiencing a shortage of funds. On June $10,2021,$ Daniel Brown approached the Topeka National Bark, asking for a $24-$month

extersion an two $$35,140$ nates, which are due on June $30,2021,$ and September $30,2021.$ Another note of $$5,990$ is due on March

$31,2022,$ but he expects no difficulty in paying this note on its due date. Brown explained that Concord's cash flow problems are due

primarily to the company's desire to finance a $$301,430$ plant exparsion over the next $2$ fiscal years through internally generated

funds.

The commercial loan officer of Topeka National Bank requested the following financial reports for the last $2$ fiscal years.

"Cash dividends were paid at the rate of $$1$ per share in fiscal year $2020$ and $$2$ per share in fiscal year $2021$

$($a$)$

Compute the following items for Concord Corporation. $($Round answers to $2$ decimal places, e$.$g$.2\mathrm{.}25$ ar $2\mathrm{.}25\%)$

Current ratio for fiscal years $2020$ and $2021$

Acid$-$test $($quick$)$ ratio for fiscal years $2020$ and $2021.$

Inwentary turnower for fiscal year $2021.$

Return on assets for fiscal years $2020$ and $2021.($Assume tatal assets were $$1,672,060$ at $\frac{3}{31}\frac{?}{19}.$d

Percentage change in sales, cost of goods sold, gross margin and net income after taxes from fiscal year $2020$ to $2021$