Select the formula for each of the following component? ratios, then calculate the ratios for 2014 and2013.

?(Round ALL of your answers to three decimal? places, .XXX, and do not enter in percentage format. Ignore interest expense in your?analysis.)

Now select the formula for the remaining? ratios, then calculate the ratios for 2014 and 2013.

?(Round ALL of your answers to two decimal? places, .XX, and do not enter in percentage? format.)

ce improve o Cavalier Decor, Inc. Comparative Income Statements Years Ended December 31, 2014 and 2013 culate the do not enter i 2014 2013 Net sales Cost of goods sold Gross profit Selling and general expenses Income from operations Interest expense Income before income tax Income tax expense Net income $ 250,000 S 199,000 123,000 102,000 127,000 97,000 55,000 51,000 72,000 46,000 14,000 18,000 58,000 28,000 20,000 10,000 $ 38,000 $ 18,000 Net sales ets ercentage forma atios for 201 Print Done during 2014? uestion