P4-9A. Ratio Analysis The following balances were reported in the financial statements for Nadir Company. LO3, 4 Net sales.... Net income. Current assets Current liabilities. Total Nabilities. Total assets 2019 2018 X $1,000,000 $750,000 120,000 75,000 220,000 270,000 80,000 90,000 250,000 240,000 800,000 600,000 Required 1. Compute the following ratios for 2019 and 2018 for Nadir Company. a. Return on sales ratio b. Current ratio c. Debt-to-total-assets ratio 2. Comment on changes to Nadir Company's profitability, liquidity, and solvency. MBC