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solutions pl step by step Digital Shell Space Corp Balance Sheet December 31 Cash 2017 2016 2015 $ 33.344 $ 21,718 $ 23.257 $ 20.938

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Digital Shell Space Corp Balance Sheet December 31 Cash 2017 2016 2015 $ 33.344 $ 21,718 $ 23.257 $ 20.938 56.000 72.000 56.000 120.207 50.086 36.364 17.200 10.018 6,637 4 830 1.602 876 549 800 627 200 705 600 T84000 $764.976 $784 517 $821.538 5866 266 $18.420 Accounts receivable, net Inventory Prepaid expenses Plant and equipment, net Total assets Liabilities and Equity Accounts payable Accrued wages payable Income taxes payable Long term note payable, secured by mortgage on plant assets... Common shares, 180,000 shares Retained eamings. Total liabilities and equity. $ 50,086 $ 33.182 $ 24,149 16,028 8.765 5.366 36,662 19,370 12.823 454,200 515.200 571.200 176,000 176.000 176.000 32.000 32.000 32.000 $769.976 $784.517 $821.538 8.706 627,200 176.000 32.000 5866,266 fore taxes Required Calculate the following for 2017 and 2016 and identify whether the rules or unfavourably (U) from 2016 to 2017: (a) quick ratio) mumewe able turnover, (d) debt ratio, (e) ratio of pledged assets to secured lahe eamed, () profit margin, (h) return on total assets, and (1) book a prom 2. Prepare a trend analysis for 2014 (the base year) through to 2017 the income

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