Flounder Corporation was formed 5 years ago through a public subscription of common stock. Daniel Brown, who owns 15% of the common stock, was one of the organizers of Flounder and is its current president. The company has been successful, but it currently is experiencing a shortage of funds. On June 10, 2018, Daniel Brown approached the Topeka National Bank, asking for a 24-month extension on two $35,140 notes, which are due on June 30, 2018, and September 30, 2018. Another note of $5,960 is due on March 31, 2019, but he expects no difficulty in paying this note on its due date. Brown explained that Flounders cash flow problems are due primarily to the companys desire to finance a $297,340 plant expansion 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.

FLOUNDER CORPORATION BALANCE SHEET MARCH 31
Assets		2018		2017
Cash		$18,250		$12,400
Notes receivable		148,470		131,930
Accounts receivable (net)		131,230		126,700
Inventories (at cost)		104,800		50,130
Plant & equipment (net of depreciation)		1,457,040		1,426,050
Total assets		$1,859,790		$1,747,210
Liabilities and Owners Equity
Accounts payable		$78,750		$90,290
Notes payable		75,350		61,920
Accrued liabilities		25,450		22,040
Common stock (130,000 shares, $10 par)		1,289,340		1,292,930
Retained earningsa		390,900		280,030
Total liabilities and stockholders equity		$1,859,790		$1,747,210
aCash dividends were paid at the rate of $1 per share in fiscal year 2017 and $2 per share in fiscal year 2018.

FLOUNDER CORPORATION INCOME STATEMENT FOR THE FISCAL YEARS ENDED MARCH 31
		2018		2017
Sales revenue		$2,986,270		$2,689,940
Cost of goods solda		1,517,030		1,418,250
Gross margin		1,469,240		1,271,690
Operating expenses		852,550		776,720
Income before income taxes		616,690		494,970
Income taxes (40%)		246,676		197,988
Net income		$370,014		$296,982
aDepreciation charges on the plant and equipment of $99,470 and $101,870 for fiscal years ended March 31, 2017 and 2018, respectively, are included in cost of goods sold.

(a) Compute the following items for Flounder Corporation. (Round answer to 2 decimal places, e.g. 2.25 or 2.25%.)

				2017			2018
(1)		Current ratio			:1			:1
(2)		Acid-test (quick) ratio			:1			:1
(3)		Inventory turnover						times
(4)		Return on assets(Assume total assets were $1,700,190 at 3/31/16.)			%			%

(5)		Percent Changes		Percent Increase
		Sales revenue			%
		Cost of goods sold			%
		Gross margin			%
		Net income after taxes			%

*Question is not incomplete. This is all the information I was given for it.