Exercise 24-4 As loan analyst for Concord Bank, you have been presented the following information. Toulouse Co. Lautrec Co. Assets Cash 126,000 $317,000 316,000 511,000 924,000 1,144,000 631,000 $1,446,000 $1,775,000 213,000 585,000 Inventories Total current assets Other assets 522,000 Total assets Liabilities and Stockholders' Equity Current liabilities Long-term Babilities Capital stock and retained earnings $292,000 418,000 736,000 357,000 522,000 896,000 Total iabilities and stockholders' equity $1,446,000 $1,775,000 $942,000 $1,549,000 Annual sales Rate of gross profit on sales Each of these companies has 30% 40% has reached its quota for loans of this type, only one these companies has requested a loan of $50,000 for 6 months with no collateral offered. Because your bank of these requests is to be granted o 2 decimal places, e.g. 2.25.) Compute the various ratios for each company. (Round answer t Toulouse Co. Lautrec Co Version 4.24