Cu 4: (2 im) Using the financial statements of One-Piece to compute the ratios below for 2019: a. Quick ratio & return on assets. b. Return on common shareholders' equity & earnings per share of common stock. c. Profit margin & Net cash provided by investing activities. d. Inventory turnover & leverage ratio. Assets Current assets Cash Accounts receivable Inventories 1.1. ONE-PIECE Balance Sheet as December 31 (5 thousand) 2018 Prepaid expenses Total current assets Property, plant, equipment, net Other Total assets Liabilities Current liabilities Notes payable to bank Current portion of long-term debt Accounts payable Estimated income tax Accrued expenses Customer advance payment Total current liabilities Long-term debt Other liabilities Total liabilities Shareholders' equity Common stock, $3 par value 1,000,000 shares authorized; 550,000 and 829,000 outstanding, respectively Preferred stock. Series A 10%; $75 par value; 25,000 authorized; 20,000 and 18,000 outstanding, respectively Additional paid-in capital Retained earnings Total shareholders' equity Total liabilities and shareholders' equity Net sales Other income, net S S Total revenues Cost of goods sold General administrative and marketing expenses Interest expense Total costs and expenses Net income before tax Income tax Net income S 3 $ S $ S S $ $ $ $ S $ $ S $ S $ 2,230 4,251 4,226 26 10,733 3,179 350 14,262 S $ 95 95 1,500 1,331 4,047 $ 8,528 $ 14,262 1,436 1,745 1,709 83 S S $ $ $ $ $ $ 5,163 347 224 5,734 1,650 22,691 764 23,455 14,531 4,574 47 S S 19,152 4,265 1,866 2,399 2019 S 3 S S 356 11.378 6,250 20 18,004 5,604 452 24,060 $ S $ S ONE-PIECE income statement, years ending December 31 ($ thousand) 2018 1,739 $ 2,870 $ 11,721 S S 518 $ 374 $ 12,613 S 1,606 826 S 3,280 1,400 S S $ $ S S S S 2,487 1,350 1,706 5,904 11,447 24,060 2019 36,176 1,016 37,192 24,125 6,056 S S 30,396 $ 6,758 2,963 3,795 S S 215