Exercise 6 -The following are excerpts from Your Co's financial statements. Your Co. 2019 2018 2017 Net Sales $ 1,500.00 1,800.00 1,650.00 COGS 1,140.00 1,350.00 1,275.00 Other Expenses 150.00 135.00 120.00 Inventory 138.00 90.00 90.00 Current Assets 150.00 120.00 105.00 Total Assets 570.00 630.00 570.00 Current Liabilities 120.00 75.00 60.00 Total Liabilities 285.00 252.00 171.00 2019 2018 2017 Gross Profit (Margin) Net Income Average Inventory Average Total Assets X X X X X X x x x x 2019 2018 2017 Gross Margin Ratio Profit Margin Ratio Return on Assets Current Ratio Inventory Turnover Asset Turnover Debt Ratio X X X X X X XX X X X x x x x X X X Exercise 7 - The following are excerpts from Your Co's financial statements. Your Co. 2019 2018 Net Sales $ 1,890.00 $ 1,680.00$ COGS 875.00 805.00 Other Expenses 560.00 490.00 Cash 140.00 175.00 A/R 280.00 210.00 Inventory 350.00 315.00 Prepaid Insurance 35.00 70.00 Total Assets 805.00 770.00 2017 1,540.00 770.00 420.00 70.00 245.00 315.00 70.00 700.00 ) Perform horizontal analysis below, using 2009 as the base year (100%). 2019 2018 2017 Net Sales COGS Other Expenses X X X X X X X X X ) Perform vertical analysis below, using total assets as the base. 2019 2018 2017 Cash A/R Inventory Prepaid Insurance Total Assets X X X X X X X X X X X X x x x