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Save Homework: CH 12 HW Score: 2.73 of 3 pts %E12-28B (similar to) 3 of 6 (6 complete) HW Score: 58.01%, 10.44 of 18 pts Question Help Consider the following comparative income statement and additional balance sheet data for Fabulous Fashions, Inc. Click the icon to view the comparative income statement.) (Click the icon to view the additional balance sheet data) Read the requirem Requirement 1. For 2017 and 2018, compute the five ratios that measure how a business is investing its money and whether it is using its assets efficiently. Round each ratio to two decimal places. Assume all sales are on credit Select the five ratios used to measure how a company is investing its money and whether it is using its assets efficiently select the corresponding formulas, and then calculate each ratio for 2017 and 2018. (Enter the first four ratios as decimals rounded to two decimal places xxx, and the last ratio as a percentage to the nearest hundredth percent. XXX%. Abbreviations used: EPS = Earnings per share, ROA Return on assets, ROE = Return on equity. ROS = Return on sales.) Ratio Formula 2018 2017 Choose from any list or enter any number in the input fields and then click Check Answer part Clear All Check Answer remaining Data Table - X 2017 311,000 148.000 Fabulous Fashions, Inc. Income Statement Years Ended December 31, 2018 and 2017 2018 Net sales $ 281,000 $ Cost of goods sold 130.000 Gross profit 131.000 Selling and general expenses 60.000 Income from operations 71.000 Interest expense 3.200 Income before income tax 67800 Income tax expense 11,000 Net income 50 800 S 163,000 63.000 100.000 1.200 98.800 4.000 94.800 Print Done Data Table 2018 2017 2016 Accounts receivable ............... 30.000 28.000 21.000 Inventory 13,500 18.900 16.100 Total current assets. ..... 46.000 47,400 40,100 Fixed assets ... 260.000 238.000 200.000 Total assets S 308,000 S 285.400 S 240.100 Print Done