Requirements: Calculate the following for each year 2017 and 2018.					Assessment
	2018		2017
Calculate the Current Ratio:
Determine the Working Capital:
Calculate the Quick Ratio:
Determine the Debt/Equity Ratio:
Calculate the Price/Earnings Ratio
In the Assessment column you should place the word "improving" for all of the items that have seen an improvement
from 2017 to 2018.

Comparative Income Statements For the Years Ended December 31, 2018 and 2017 2018 800,400 454,100 346,300 2017 742,600 396,200 346,400 Net sales Cost of goods sold Gross margin Operating expenses Selling expenses Administrative expenses Total operating expenses Income from operations Interest expenses Income before income taxes Income taxes expense Net income Earnings per share 130,100 140,300 270,400 75,900 25,000 50,900 14,000 36,900 2.46 104,600 115,500 220,100 126,300 20,000 106,300 35,000 71,300 4.76 Comparative Balance Sheet For the Years Ended December 31, 2018 and 2017 2018 2017 Assets Cash Accounts receivable (net Inventory Property, plant and equipment (net) Total assets 31,100 72,500 122,600 577,700 803,900 27,200 42,700 107,800 507,500 685,200 Liabilities and Stockholders' Equity Accounts payable Notes payable (short-term) Bonds payable Common stock, $10 par value Retained earnings 104,700 50,000 200,000 300,000 149,200 803,900 72,300 50,000 110,000 300,000 152,900 685,200