Smith Inc.$($$$)$Jones Corp.$($$$)$AssetsCurrent Assets$20,000$$$35,000$Cash$$$7,500$Cash Equivalents$$90,000$A$/$R$$80,000$$$75,000$Inventory$50,000$$$207,500$Total Current Assets$$150,000$Capital Assets$$500,000$$$500,000$Capital Assets$$$(220,000)$Acc$.$ Deprec.$(150,000)280,000$Net Capital Assets$Total Assets$$350,000500,000$$$487,500$Liabilities$$95,000$A$/$P$100,000$ongterm Bonds Payable$BS$80,000210,000$Total Liabilities$180,000$$$305,000$Shareholder's Equity$$135,000$Common Stock$$$220,000$$$47,500$Retained Earnings$100,000$Total Shareholder's Equity$320,000$$$182,500$Total Liabilities and S$/$E$500,000$$$487,500$$$1,250,000$$ $1,000,000$Sales$$720,000$$$600,000$COGSGross Profit$$530,000$$$400,000$$$257,000$$$224,000$Selling & Admin exp$$50,000$$$50,000$Depreciation expOp. Profit$$223,000$$$126,000$$$8,000$$$21,000$Interest expEarnings Before Taxes$$215,000$$$105,000$$$107,500$$$52,500$Tax expNet Income$$107,500$$$52,500($note: shares outstanding$)($note: price$/$share @ year$-$end,$100,000$$$10\mathrm{.}9075,000$$$7\mathrm{.}45$ Based on the handout for Smith Inc. and Jones Corp., i calculate the following ratios, figures, and$/$or Percentages;$($ii$)$ for each item $($a through f$),$ circle the company that has the better result and then, $($iii$)$ indicate which company is in better financial shape overall, BASED ON THE ANSWERS YOU HAVE CALCULATED. $(10$ marks$)($NOTE: just use year$-$end information; no average values available$)$a$.$ Working Capital:Smith:Jones:b$.$ Days of Sales in Inventory:Smith:Jones:c$.$ Quick Ratio:Smith:Jones:d$.$ Profit Margin:Smith:Jones:e$.$ Days of Accounts Payable:Smith:Jones:f$.$ Return on Common Shareholders' Equity:Smith:Jones:The Company in better financial shape is