DO QUESTION THREE The following information relates to the operations of the East Lusaka Trading Company for the three year period ended 31 December 2018 Income statements 2018 2017 2016 1.000 900.00 Se 800.000 45 000 TE 400 DOO Net sales Cost of goods Grow come Suling and administration experies Net Income before tas Tan at 50% Net income to Dividerdh Net increase in retained in 100 000 50.000 S6000 30.000 20.000 7.000 37.500 3150 5.000 12.500 35.000 17,500 17,500 10000 Balance sheets 2018 2010 Land and buildings Plan and machinery Intory Dette Bank balance 500.000 450.000 615,000 425, DOO 450.000 500,000 Goog 430.000 425.000 40,000 520,000 440,000 2.050,000 2.015.000 1.858.000 Shareholderseguity and abilities Ordinary are capital Klaaras fully paid Share DE DDD 125.000 53,000 200.000 GOG000 1250 512.000 200.000 193.000 17 000 12% debertures 2019 Canon Acerad peres Tasti Provision for din 500 DO 125,000 Son 200.000 390,000 9,000 24,000 35,000 52.000 30.00 2.05 10 2,025.000 1.158.000 REQUIRED: From the foregoing information, collate the following utics for the year 2017 and 2018 assume that les are an credit bank and the year is 30 days al the current to The ed estate The average Inverteryturnover The were collection period for detters lej The shareholders uit te in the return on capital employed The caring pershare EVALLIATE: the liquidity ponton of the company at the end of 2016 a compared with 2017