Headland Corporation was formed $5$ vears ago throush a public subscription of common stock, Daniel Brown, who owns $15\%$ of the common stock, was one of the or ganizers of Headland and is its current president. The company has been successful, but it eurrently is experiencing a shortage of funds. On June $10,2026.$ Daniel Brown approached the Topeka National Bank, asking for a $24-$month extension on two $$35,290$ notes, which are due on June $30,2026,$ and $5$eptember $30,2026.$ Another note of $$6,050$ is due on March $31,2027,$ but he expects no diffculty in paying this note on its due date. Brown explatied that Headland's cash flow problems are due primarily to the company's desire to finance a $$302,830$ plant expanstion over the next $2$ fiscal years through internally generated funds. The notes payable due at march $31,2025$ are due prlor to March $31,2026.$

The commercial loan officer of Topek National Bank requested the following financial reports for the last $2$ fiscal years.

"Depreciation charges on the plant and equipment of $$100,600$ and $$102,130$ tor hscal years ended March $31,2025$ and $2026.$ resoectivelv. are

included in cost of Goods sold. Compute the following: A$.$ Currebt ratio for the fiscal years $2025$ and $2026.$ B$.$ Acid$-$test for fiscal years $2025$ and $2026.$ C$.$ inventory turnover for year $2026$ D$.$ Return on assets fir years $2025$ and $2026[$Assume total assets were $1697000$ at $3/31/2024.$ E$.$ Percentage change in sales, cost of goods sold, gross margin, and net income after taxes from $2025$ to $2026$