Natalie and Curtis are thinking about borrowing an additional $20,000 to buy more kitchen equipment. The loan would be repaid over a 4-year period. The terms of the loan provide for equal semi-annual payments of $2,500 on May 1 and November 1 of each year, plus interest of 5% on the outstanding balance. Calculate the following ratios for 2017 and 2018. (Round current ratio to 2 decimal places, e.g. 12.61, debt to assets and gross profit rate to O decimal places, e.g. 12 and all other answers to 1 decimal place, eg. 12.6%.) 2018 2017 1. Current ratio 2. Debt to assets 3.Gross profit rate 4. Proft margin 5. Return on assets (Total assets at November 1, 2018, were $33,180.) 6. Return on common stockholders' equity (Total common stockholders" equity at November 1, 2018, was $23,180. Dividends on preferred stock were $16,800 in 2017 and $18,000 in 2018) INK TO TEX Prepare a horlzontal analysis of the income statement for Cookie &Coffee Creations Inc. using 2017 as a base year, (f amount and percentage are a decrease show the numbers as negative, e.g.-SS,000, . 1 2.25% or (55.000), ( i 2.25%). Round percentages to O decimal places es COOKIE &COFFFF CREATIONS INC :14 AM 1/3/21 ere to search Natalie and Curtis are thinking about borrowing an additional $20,000 to buy more kitchen equipment. The loan would be repaid over a 4-year period. The terms of the loan provide for equal semi-annual payments of $2,500 on May 1 and November 1 of each year, plus interest of 5% on the outstanding balance. Calculate the following ratios for 2017 and 2018. (Round current ratio to 2 decimal places, e.g. 12.61, debt to assets and gross profit rate to O decimal places, e.g. 12 and all other answers to 1 decimal place, eg. 12.6%.) 2018 2017 1. Current ratio 2. Debt to assets 3.Gross profit rate 4. Proft margin 5. Return on assets (Total assets at November 1, 2018, were $33,180.) 6. Return on common stockholders' equity (Total common stockholders" equity at November 1, 2018, was $23,180. Dividends on preferred stock were $16,800 in 2017 and $18,000 in 2018) INK TO TEX Prepare a horlzontal analysis of the income statement for Cookie &Coffee Creations Inc. using 2017 as a base year, (f amount and percentage are a decrease show the numbers as negative, e.g.-SS,000, . 1 2.25% or (55.000), ( i 2.25%). Round percentages to O decimal places es COOKIE &COFFFF CREATIONS INC :14 AM 1/3/21 ere to search