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Instructions (a) Calculate the following ratios for 2017 and 2018. 1. Current ratio Debt to total assets Gross profit rate Prot margin Return on assets

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Instructions (a) Calculate the following ratios for 2017 and 2018. 1. Current ratio Debt to total assets Gross profit rate Prot margin Return on assets {Total assets at November 1, 2018, were $33,180.) Return on common stockholders\" equity (fetal common stockholders\" equity at November 1, 2018. was $23,180. Dividends on preferred stock were $18,800 in 2017 and $18000 in 2018). (b) Prepare a horizontal analysis of the income statement for Cookie a Coffee Creations Inc. using 2017 as a base year. 53"F-"':'*"F-!\\J {c} Prepare a vertical analysis of the income statement for Cookie 8: Coffee Creations Inc. for 2018 and 2017

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