MTY Food Group Inc. is a Canadian franchisor and operator of numerous quick service restaurants operating under 40 brand names such as Thai Express, Mucho Burrito, Sushi Shop, Jugo Juice and Manchu Wok. Its annual report for 2018 included the following statements: 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 Revenue $353,303 $276,083 Expenses 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 18,721 9,685 Deferred (34,812) 3,125 (16,091) 12,810 Net income $ 98,991 $ 49,854 Earnings per share Basic 4.07 2.32 Diluted 4.06 2.32 Source: MTY Food Group Inc. Annual Report 2018. MTY FOOD GROUP INC. Consolidated Statement of Financial Position At the years ended November 30, (in thousands of Canadian dollars) 2018 2017 $ Assets Current assets Cash Accounts receivable Inventories Income taxes receivable Other assets Loans receivable Prepaid expenses and deposit 32,304 49,168 3,574 (restated) $ 56,453 34,151 3,281 1,408 1,163 2,817 5,461 104,734 3,109 351 13,081 506,970 226,768 $855, 013 692 2,134 7,291 95,163 5,970 114 18,753 733,660 376,647 $1,230,307 Loans receivable Deferred income tax 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 68,700 90,039 24,989 20,122 7,416 211,266 268,200 705 119,464 599,635 $ 57,555 75,331 19,273 20,844 4,240 177,243 223,567 1,946 116,931 519,687 Long-term debt Deferred revenue and deposits Deferred income taxes Shareholders' Equity Equity attributable to owners Capital stock Reserves Retained earnings 312,161 1,245 315,985 629,391 1,281 114,545 (13,113) 232,192 333,624 1,702 Equity attributable to non-controlling interest 519,687 Shareholders' Equity Equity attributable to owners Capital stock Reserves Retained earnings 312,161 1,245 315,985 629,391 1,281 630, 672 $1,230,307 114,545 (13,113) 232,192 333,624 1,702 335, 326 $855,013 Equity attributable to non-controlling interest 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 Accounts receivable Inventories Accounts payable and accrued liabilities $310,866 852,650 14,087 36,106 3,298 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.) Liquidity ratios Current ratio Quick ratio Cash ratio Solvency ratios: Times interest earned Cash coverage Debt-to-equity Market ratios: Pricelearnings ratio Dividend yield