Peartree Company provides the following data: Peartree Company Balance Sheet December 31, 2017 Dec 31, 2017 Dec 31, 2016 Cash Accounts receivable, net Inventory Property. Plant & Equipment, net $21,000 31,000 53,000 $18,000 35,000 25,000 Total assets $225,000 Accounts payable Accrued liabilities Long-term notes payable $4,000 2,000 $6,000 1,000 Total liabilities $ 90,00 Common shares Retained earnings $ 2,000 $30,00 105,00 69,000 71 Total shareholders' equity Total liabilities and shareholders' equity $225,000 Peartree Company Income Statement For the Year Ended December 31, 2017 Sales revenue, net* $240,000 Cost of goods sold Gross margin Operating ex $130,000 penses: Salary expense $45,000 12,000 Amortization expense Other operating expenses Total operating expenses Operating income Gain on sale of plant assets Interest expense Net income before income tax Income tax expense Net income (loss) 5,000 61,000 " Sales revenue is all on account Using the above financial statements for Peartree Company prepare the following ration analysis: How much is the current ratio at year-end 2017? What is the accounts receivable turnover for 2017? What is Peartree's debt-to-equity ratio at year-end 2017? What is the return on total assets for 2017? How much is the times-interest-earned ratio? What is the gross profit percentage