Need two sets of questions answered for Accounting: Question #1 A company reported net income of $17,500 for the past year. At the beginning of the year the company had $200,000 in assets. By the end of the year, assets had increased to $300,000. 1. Calculate the return on assets. 2. What does the return on assets ratio measure? 3. Comment about this company's assets ratio. Question #2. A company had total assets of $350,000 and total liabilities of $101,500 and total equity of $248,500. 1. Calculate its debt ratio. 2. What does the debt ratio reveal about a company? 3. Does a higher or lower ratio indicate greater risk? 4. Comment about this company's debt ratio