Refer the following table. Focus Metals Inc. Comparative Balance Sheet Information November 30 (millions of $) 2017 2016 Cash $ 25 $ 95 Accounts receivable (net) 422 268 Inventory 78 71 Plant and equipment (net) 2,726 2,810 Accounts payable 307 223 Long-term notes payable* Common shares 1,790 390 2,350 390 Retained earnings 764 281 *90% of the plant and equipment are secured by long-term notes payable. Focus Metals Inc Income Statement For Year Ended November 30 (millions of $) 2017 2016 Net sales $2,850 $2,052 Cost of goods sold 992 782 Gross profit $1,858 $1,270 Operating expenses: Depreciation expense $106 $106 Other expenses 755 622 Total operating expenses 861 728 Profit from operations $997 $542 Interest expense 155 189 Income tax expense 53 57 Profit $789 $296 Required: Calculate Focus Metals solvency ratios for 2016 and 2017.Use Exhibit 17.14. (Round the final answers to 2 decimal places.)