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The following data were taken from ShowStreamers Corporation 2018 annual report. All dollar amounts are in millions Fiscal Years Ending December 31, 2018 December 31,
The following data were taken from ShowStreamers Corporation 2018 annual report. All dollar amounts are in millions Fiscal Years Ending December 31, 2018 December 31, 2017 $17,587 $12,603 Total assets Total liabilities Stockholders' equity Net income 5,080 427 3,823 283 Required a. For each year, compute ShowStreamers debt-to-assets ratio, return-on-assets ratio and return on equity ratio. You will need to compute total liabilities b. Did the company's level of financial risk increase or decrease from 2017 to 2018? c. In which year did the company appear to manage its assets most efficiently? Required A Required B Required c For each year, compute Show Streamers debt-to-assets ratio, return-on-assets ratio, and return-on-equity ratio. You will need to compute total liabilities. (Round your percentage answers to 1 decimal place. Enter your dollar answers in millions of dollars.) Debt to Assets Return on Assets Return on Equity Total Liabilities in millions) 2018 % % % 2017 % %
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