1. Ratio Analysis (25 marks) < ABC Company's year-end statements of financial position showed the following: 2019 < 2018 $35,625 62,500 82,500 9,375 < 255,000 445.000 Cash Accounts receivable (net) Inventory Prepaid expenses Plant assets (net) < Total Assets Accounts payable Long-term debts Common shares Retained earnings Total liabilities and equity $30,800 88,500 111,500 < 9,700 277,500 518,000 < 128,900* 97,500- 162,500 129,100 518,000 CD 75,250 102,150 < 162,500 104,750 445,000 2017 < $36,800 49,200