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The following data are based on information in the 2018 annual report of Farm Fresh Family Diner. As of August 3, 2018, Farm Fresh operated

The following data are based on information in the 2018 annual report of Farm Fresh Family Diner. As of August 3, 2018, Farm Fresh operated 595 restaurants and gift shops in 43 states. Dollar amounts are in thousands. Assets Liabilities Stockholders' equity Revenues Expenses Dividends Retained earnings at end of 2016 2018 2017 $ 1,422,067 $ 1,310,181 1,165,450 256,617 2,534,515 2,384,257 19,765 1,122,559 187,622 2,432,285 2,314,359 19,431 $ 120,750 Required: a. Calculate the company's net income and retained earnings for 2017 and 2018. b. Calculate the percentage increase/decrease in the company's revenue and net income. c. For each year, calculate the company's net income as a percentage of its revenues. d. Did the company perform better in 2017 or 2018? Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Calculate the company's net income and retained earnings for 2017 and 2018. Note: Enter your answers in thousands of dollar. 2017 2018

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