Please help me with this question.

Calla Canoe Company wants to invest some of its excess cash in trading securities and is considering two investments, The Canoe Company (CC) and Floatsy Life Vests (FLV). The income statement, balance sheet, and other data for both companies follow for 2019 and 2018, as well as selected data for 2017: (Click the icon to view the data.) Read the requirements. Requirement 1. Compute each ratio for both companies for 2019 and 2018. Assume all sales are credit sales. Round all ratios to two decimal places. a. Current ratio Begin by selecting the correct formula. Current ratio = Comparative Financial Statements Comparative Financial Statements Years Ended December 31, Years Ended December 31, 2019 2018 2017 2019 2018 2017 Income Statement Net Sales Revenue $ 430,824 $ 258,392 425,120 256,672 410,060 $ 383,060 299,780 280,120 Cost of Goods Sold Gross Profit 172,432 153,990 168,448 151,113 110,280 78,720 102,940 70,950 Operating Expenses Operating Income 18,442 17,335 31,560 2,760 31,990 2,930 885 755 Interest Expense Income before Income Tax 17,557 5,093 16,580 4,510 28,800 8,790 29,060 8,690 Income Tax Expense $ 12,464 $ 12,070 20,010 $ 20,370 Net Income Balance Sheet Assets Cash and Cash Equivalents $ 68,510 $ 70,650 65,351 $ 55,360 Accounts Receivable 44,730 44,470 $ 44,110 39,800 38,700 $ 36,460 Merchandise Inventory 76,310 60,000 79,900 16,240 66,330 16,400 68,550 24,779 65,210 37,480 Other Current Assets Total Current Assets 209,380 89,944 197,850 90,188 198,480 116,760 196,750 116,418 Long-term Assets 299,324 $ Total Assets 288,038 $ $ 276,234 315,240 $ 313,168 $ 310,690 Liabilities Current Liabilities $ 69,520 $ 31,690 60,260 29,950 90,900 $ 96,350 90,020 105,930 Long-term Liabilities 101,210 Total Liabilities 90,210 187,250 195,950 Stockholders' Equity Common Stock 72,760 125,354 80,850 116,978 111,400 16,590 102,430 14,788 Retained Earnings Total Stockholders' Equity 198,114 197,828 197,670| 127,990 117,218 103,890 Total Liabilities and $ 299,324 $ 288,038 $ 315,240 $ 313,168 Stockholders' Equity Other Data $ 21.62 $ 33.86 $ 46.16 $ 51.56 0.39 0.38 0.50 0.43 Market price per share Annual dividend per share Weighted average number of shares outstanding 8,800 7,300 8,800 7,300 a. 1. Using the financial statements given, compute the following ratios for both companies for 2019 and 2018. Assume all sales are credit sales. Round all ratios to two decimal places. Current ratio b. Cash ratio c. Inventory turnover d. Accounts receivable turnover e. Gross profit percentage f. Debt ratio g. Debt to equity ratio h. Profit margin ratio i. Asset turnover ratio j. Rate of return on common stockholders' equity k. Earnings per share I. Pricelearnings ratio m. Dividend yield n. Dividend payout 2. Compare the companies' performance for 2019 and 2018. Make a recommendation to Calla Canoe Company about investing in these companies. Which company would be a better investment, The Canoe Company or Floatsy Life Vests? Base your answer on ability to pay current liabilities, ability to sell merchandise and collect receivables, ability to pay long-term debt, profitability, and attractiveness as an investment