Listed below is the requirements for the problem. I need help with 1a-i and 2. Your options for the equations is also listed below. Thanks!

* Requirements 1. Compute the following ratios for 2018 and 2017: a. Current ratio b. Cash ratio c. Times-interest-earned ratio d. Inventory turnover e. Gross profit percentage f. Debt to equity ratio g. Rate of return on common stockholders' equity h. Earnings per share of common stock i. Pricelearnings ratio 2. Decide (a) whether Hanfield's ability to pay debts and to sell inventory improved or deteriorated during 2018 and (b) whether the investment attractiveness of its common stock appears to have increased or decreased. Print Done i Additional Financial Information 1. Market price of Dangerfield's common stock: $72.00 at December 31, 2018, and $43.35 at December 31, 2017 2. Common shares outstanding: 12,000 on December 31, 2018 and 11,000 on December 31, 2017 and 2016. 3. All sales are on credit. Income Statement Dangerfield, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Net Sales Revenue $ 468,000 $ 422,000 240,000 212,000 Cost of Goods Sold Gross Profit 210,000 135,000 Operating Expenses Income From Operations Interest Expense Income Before Income Tax Income Tax Expense 228,000 137,000 91,000 12,000 75,000 13,000 79,000 21,000 62,000 24,000 $ 58,000 $ 38,000 Net Income Print Done i Balance Sheet - X Dangerfield, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 2016* $ Assets Current Assets: Cash Accounts Receivables, Net Merchandise Inventory Prepaid Expenses Total Current Assets Property, Plant, and Equipment, Net 93,000 $ 108,000 145,000 13,000 91,000 116,000 $ 102,000 161,000 202,000 7,000 359,000 211,000 570,000 $ 375,000 178,000 553,000 $ Total Assets $600,000 Liabilities Total Current Liabilities $ 225,000 $ 119,000 246,000 99.000 Long-term Liabilities Total Liabilities 344,000 345,000 Stockholders' Equity Preferred Stock, 6% Common Stockholders' Equity, no par 104,000 122,000 570,000 $ 104.000 104,000 553.000 91,000 $ Total Liabilities and Stockholders' Equity * Selected 2016 amounts Average merchandise inventory / Net sales revenue (Cash + Cash equivalents) / Total current liabilities (Cash + Accounts receivable, net) / Total current liabilities Cost of goods sold / Average merchandise inventory Gross profit / Net sales revenue Market price per share of common stock /Earnings per share (Net Income + Income tax expense + Interest expense) / Interest expense (Net income - Preferred dividends) / Average common stockholder's equity (Net income - Preferred dividends) / Weighted average number of common shares outstanding Total current assets / Total current liabilities Total equity / Total liabilities Total liabilities / Total equity