Please see photos. Fin 504 week 2. Cash disbursements, Financial statement analysis.[-[

P3-21 Analysis Of debt ratios Financial information from fiscal year 2016 for two compa- nies competing in the cosmetics industryThe Este Lauder Companies and e.l.f. Beauty Inc.appears in the table below. All dollar Values are in thousands. Total a '9.223300 1,625.900 S414.729 273,867 16,283 P3-18 Using Tables 3.1, 3.2, and 3.3, conduct a complete ratio analysis of the Bartlett Company for the years 2018 and 2019. You should assess the firm's liquidity, activ- icy, debt, and profitability ratios. Highlight any particularly positive or negative developments that you uncover when comparing ratios from 2018 and 2019. . Calculate rhe debt ratio and rhe times interest earned ratio for each company. In what way are these companies similar in terms of their debt usage, and in what way are they very different? b. Calculate the ratio of interest expense to total liabilities for each company. Conceptually, What do think ratio is trying to measure? Why are the values of this ratio dramatically different for these two firms? Suggest some Son s.