Please finish all requirements as there are multiple steps

ACCT 201 2878 Fall 2019 (1) Hussein Alhamadani : 12/5/19 1:38 Homework: CH 12 HW Score: 0 of 3 pts E12-28B (similar to) 3 of 6 (0 complete) HW Score: 0%, 0 of Question Help Consider the following comparative income statement and additional balance sheet data for Waldorf Fashions, Inc. E: (Click the icon to view the comparative income statement.) (Click the icon to view the additional balance sheet data.) Read the requirements. Requirement 1. For 2017 and 2018, compute the five ratios that measure how a business is investing its money and whether it is using its assets efficiently. Round each ratio to two decimal places. Assume all sales are on credit Select the five ratios used to measure how a company is investing its money and whether it is using its assets efficiently, select the corresponding formulas, and then calculate each ratio for 2017 and 2018. (Enter the first four ratios as decimals rounded to two decimal places, X.XX, and the last ratio as a percentage to the nearest hundredth percent, X.XX%. Abbreviations used: EPS = Earnings per share, ROA = Return on assets, ROE = Return on equity, ROS = Return on sales.) Ratio Formula 2018 2017 i Data Table i Data Table - X i Requirements 2017 298,000 152,000 Waldorf Fashions, Inc. Income Statement Years Ended December 31, 2018 and 2017 2018 Net sales $ 228,000 $ Cost of goods sold 137,000 Gross profit 91,000 Selling and general expenses 63,000 Income from operations 28,000 2,100 Interest expense Income before income tax 25,900 Income tax expense 5,000 $ 20,900 $ Net income 146,000 60,000 86,000 1. For 2017 and 2018, compute the five ratios that measure how a business is investing its money and whether it is using its assets efficiently. Round each ratio to two decimal places. Assume all sales are on credit. 2. Did the company's performance improve or deteriorate during 2018? Accounts receivable ............... Inventory Total current assets ................ 900 2018 2017 2016 25,000 18,000 23,000 14.000 19.400 16,100 41,500 38,400 42,600 256,500 238,000 205,000 $ 298,000 $ 276,400 $ 247,600 Fixed assets....................... Print Done 85,100 13,000 72,100 Print Done Print Done Choose from any list or enter any number in the input fields and then click Check Answer. 1 part 1 pamaining Clear All Check Answer remaining