please give by hand

Question A (10 Marks) The financial statements of Stewart Corporation appear below: STEWART CORPORATION Comparative Balance Sheets December 31, 2017 18 Assets Cash Short-term investments Accounts receivable (net) Inventory Property, plant and equipment (net) 2018 S 50,000 50,000 100,000 150,000 2017 100,000 150,000 75,000 175,000 750,000 Total assets Accounts payable Short-term notes payable Bonds payable Common stock Retained carnings Total liabilities and stockholders' equity S1000,000 S 50,000 100,000 200,000 375,000 275,000 S 75,000 225,000 400,000 375,000 175,000 S1,250,000 STEWART CORPORATION Income Statement For the Year Ended December 31, 2018 Net sales Cost of goods sold Gross profit $1,000,000 625,000 375,000 Operating expenses Interest expense $105,000 45,000 Total expenses Income before income taxes 225,000 67500 Income tax expense Net income Required: (a) Using the financial statements, compute the following ratios for Stewart Corporation for 2018. Show all computations. 1. Current ratio. 2. Acid-test ratio. 3. Accounts receivable turnover 4. Inventory turnover 5. Profit margin. 6. Return on assets. 7. Assets turnover 8. Times interest e 9. Working capital 10. Debt to assets ratio (5 marks) (b) Prepare a vertical analysis of the 2018 income statement data for Stewart Corporation. (3 marks) (c) Based on the ratios calculated in (a), and the vertical analysis in (b), discuss briefly the improvement or lack thereof in financial position and operating results from 2017 to 2018 of Stewart Corporation. (2 marks)