How to compute it ?........

Income Statement 2018 2017 Sales 16,720, 063 24,331,395 Less: Cost of Goods Sold 9.972,432 13.002 527 Gross Profit 6,747,631 11, 378 867 Less: Operating Expenses 4.174 323 4.267 789 Operating Income 2.573,307 7,062.079 Less: Income Tax of 30% 771,992 2.118 324 Net Income After Tax 1,812,315 4,942,755 Statement of Financial Position 2018 2017 Asset Current Assets: Cash 2,869,876 4,976,330 Petty Cash 10,000 10,000 Accounts Receivable 4,180,016 7,127,853 Finished Goods Inventory 312,029 329,300 Work in Process Inventory 428,519 545,117 Raw materials inventory 94,159 134,280 Indirect materials inventory 53,818 76,749 Office Supplies 2,195 2,487 Prepaid Rent 652.800 652 800 Total Current Assets 8,603,412 13,917,916 Non-Current Assets: Property, Plant & Equip 3,434,400 3, 434,400 Less: Accumulated Depreciation 596,286 1,192.572 Total Non-Current Assets 2 838.114 2,241 828 Total Assets 1,441,526 16,159,744 Liabilities & Equity Accounts Payable 423.379 1,253,458 Income Tax Payable 450,329 1,235,689 Salaries Payable 258,375 274,528 SS Premium Payable 22,638 24.449 Philhealth Premiums Payable 3,81 4,118 Pag-ibig Premium Payable 5,800 6,496 EC Premiums Payable 530 594 Utilities Payable 11,836 13,414 Repairs & Maintenance Payable 417 472 Advertising Payable 3,490 3,955 Total Current Liabilities 1,180,605 2,817,171 Ordinary Shares 9,000,000 9,000,000 Retained Earnings 1,260,921 4,342,573 Total Equity 10,260,921 13,342,573 Total Liabilities and Equity 1,441,526 16,159,744 1. Using the above data , prepare both horizontal and vertical analysis for both years. 2. Compute for the following ratios: a. Profitability Ratios - Gross Profit Ratio; Net profit ratio; operating ratio, return on shareholders;\\" investment; Retunr on equity capital b. Liquidity Ratios Current ratio, acid test/quick ratio C. Activity Ratios - Inventory turnover ratio, Receivables turnover ratio, average collection period; payable turnover ratio' working capital turnover ratio; Fixed assets turnover ratio d. Long-term solvency or leverage ratios - debt to equity ratio; Equity ratio