Q7: Based on the following financial data find the most important financial ratios for this company for 2019 or 2018 and specify the year that you used in you answer? 2019 2018 700,000|600,000 450.000 375.000 250,000 225,000 95.000 95.000 56,000 50,000 Net Revenue COGS Gross profit operating expense general expense selling expense Depreciation Expense EBIT interest EBT Tax (40%) Net income 25,000 20,000 74,000 60,000 14.000 10.000 60,000 50,000 24,000 20.000 36,000 30,000 Assets Cash AR Inventories Total CA Gross FA Less: Depe. Net FA Total assets 2019 2018 25.000 20,000 100.000 80.000 125.000 100.000 250,000|200,000 350,000 275,000 100,000 75.000 250.000 200.000 500.000 400.000 Liabilities and Equity 2019 2018 Accts payable 78.000 65.000 Notes payable 34,000 10,000 Accruals 30,000 25,000 Total CL 142.000 100.000 Long term debt 140,000 100,000 Total liabilities 282.000 200.000 Common stock 50.000 50.000 additional paid in capital (# of shares (market value-par value) 100,000 100,000 Ret, earnings 68.000 50.000 Total equity 218,000|200.000 Total L&E 500,000|400,000