The comparative income statements and additional data for Cavalier Decor, Inc., follow: (Click the icon to view the comparative income statements.) (Click the icon to view the additional data.) Read the requirement. Select the formula for each of the following component ratios, then calculate the ratios for 2018 and 2017. (Round ALL of your answers to three decimal places, X.XXX, and do not enter in percentage format. Ignore interest expense in your analysis.) Ratio Formula 2017 2018 ROS AT ROA L ROE Now select the formula for the remaining ratios, then calculate the ratios for 2018 and 2017. (Round ALL of your answers to two decimal places, X.XX, and do not enter in percentage format.) Ratio GP Formula EPS Did the company's operating performance improve or deteriorate during 2018? The company's operating performance 2018 2017 during 2018 as shown by the in the majority of the ratios from 2017 to 2018. Data table 2018 2017 2016 Total assets. $ Common stockholders' equity $ Preferred dividends S 2,000 $ 310,000 $ 305,000 $ 300,000 196,000 $ 194,000 $ 192,000 1,000 $ 0 Average common shares outstanding during the year 15,000 14,000 13,000 Print Done Data table Cavalier Decor, Inc. Comparative Income Statements Years Ended December 31, 2018 and 2017 2018 Net sales Cost of goods sold 2017 $ 250,000 $ 199,000 123,000 102,000 Gross profit 127,000 97,000 Selling and general expenses 55,000 51,000 Income from operations 72,000 46,000 14,000 18,000 Interest expense Income before income tax 58,000 28,000 20,000 10,000 Income tax expense $ 38,000 $ 18,000 Net income Print Done