MTY Food Group Inc. is a Canadian franchisor and operator of numerous quick service restaurants operating under 40 brand names such as Thal Express, Mucho Burrito, Sushi Shop, Jugo Juice and Manchu Wok. Its annual report for 2018 included the following statements: Revenue Expenses MTY FOOD GROUP INC. Consolidated Statements of Income For the years ended November 30, (in thousands of Canadian dollars, except per share amounts) 2018 2017 $353,303 $276,083 Operating expenses 225,560 182,357 Depreciation-property, plant, and equipment 2,755 2,724 Amortization intangible assets 24,749 20,178 Interest on long-term debt 11,717 10,314 Impairment charges on property, plant, and equipment and intangible assets 5,531 1,000 270,312 216,573 Other income (charges) Unrealized and realized foreign exchange gain 11 2,004 Interest income 649 439 Gain on disposal of property, plant, and equipment and intangible assets 710 1,120 Loss on revaluation of financial liabilities recorded at fair value through profit and loss (1,461) (409) (91) 3,154 Income before taxes: 82,900 62,664 Income tax (recovery) expense Current Deferred Net income Earnings per share Basic Diluted Source: MTY Food Group Inc. Annual Report 2018. 18,721 9,685 (34,812) 3,125 (16,091) 12,810 $ 98,991 $ 49,854 4.07 2.32 4.06 2.32 MTY FOOD GROUP INC. Consolidated Statement of Financial Position At the years ended November 30, (in thousands of Canadian dollars) Assets Current assets Cash Accounts receivable Inventories 2018 2017 (restated) 32,304 $ 56,453 49,168 34,151 3,574 3,281 Income taxes receivable 1,408 Other assets 692 1,163 Loans receivable 2,134 2,817 Prepaid expenses and deposit 7,291 5,461 95,163 104,734 Loans receivable 5,970 3,109 Deferred income tax 114 351 18,753 13,081 733,660 506,970 Property, plant, and equipment Intangible assets Goodwill Liabilities and shareholders' equity Liabilities Current liabilities Accounts payable and accrued liabilities Provisions Income taxes payable Deferred revenue and deposits Current portion of long-term debt 376,647 226,768 $1,230,307 $ 68,700 $855,013 90,039 $ 57,555 75,331 24,989 19,273 20,122 20,844 7,416 4,240 211,266 177,243 268,200 223,567 705 1,946 119,464 116,931 599,635 519,687 Long-term debt Deferred revenue and deposits Deferred income taxes Shareholders' Equity Equity attributable to owners Capital stock 312,161 114,545 Reserves 1,245 (13,113) Retained earnings 315,985 232,192 629,391 333.624 Source: MTY Food Group Inc. Annual Report 2018. Additional information related to 2016 at year end is as follows: Shareholders' equity Total assets Property, plant, and equipment $310,866 852,650 14,087 Accounts receivable. Inventories Accounts payable and accrued liabilities 36,106 3,290 48,808 The company's statutory tax rate was 26.7 percent for both fiscal years and its market price per share was $52.24 at November 30, 2017 and $65.58 at November 30, 2018. All sales are on account. Required: 1. For MTY Food Group Inc.'s past two years, compute the ratios given below. (Do not round intermediate calculations, Round the final answers to 2 decimal places.) Ratio Profitability ratios 2018 2017 Return on equity 96 % Return on assets % % Financial leverage percentage % % Gross profit percentage % % Net profit margin % % per share per share. Earnings per share Quality of earnings Asset turnover ratios Total asset turnover Fixed asset turnover Receivables furnover Inventory turnover Liquidity ratios Current ratio Quick ratio Cash ratio Solvency ratios Times interest earned Cash coverage Debt-to-equity Market ratios Price/earnings ratio. Dividend yield