The following information applies to me questions displeyed below Kaylee James, connoisse r of Sne chocolate, oooned Kaylees Sweets in Collegeown on Febrary 1.The shop specia izes n a election of gormet chocoote candies andie of gourmet ice Oerm, you-been Nired as manager Your dutes include maintaining the store's fnancial records The following transactions occumed in February, the firat month of operations . Received four shae holders' corertunons totaling S2Z800 cash to tm re corporation; issued soo snares of SOO per value common stoc . Paid three months rent for the store at $1,760 per menth recorded as prepaid expenses) G Purchased and received candy for $5,700 on account, due in GO days d. Purchased supplies for $1430 cash e Negotiated and signed a two ye 58,000 loan at the bank, recelving cash at the sime t Used the money rom (el to purchase a computer for $3,250 (for recordkeeping and iInventory acking used the baiance for furniture and ntures for the store g Paced a grand Openn) adversement in re local paoer tr S 420, cash, the ad ran inre current more. h Made soles on Veienene's Day toing $3,600 $2,10 was in cesh and the rest on accounes recelvable. The cost of the candy sold was S1800 LMede a $570 peyment on ecconts yabe Incurered and peid employee wages of $2.0o0 k Clected accounts necerable of STOom eustomers L, Made a repar to one of the display cases for %135cmh. m. Mede cash sales of $2,600 duing the rest of the month. The cost of the candy sold was $1410 1 & 2. Record in the T-80counts the effects of each transation for Kaylee's Sweets in February, referencing each transaction in the accounts with the transaction leter. Show the ending balances in the T-acoounts. An example anount has been posted to the Cash T-Acoount from transacton0) Beg ba Deg bel End. bal 35 0 End. bal Beg ba Beg bal End ba End bal End. bal Prepane an inoome statement at the end of the Srst month of operations ended Febuary 28 Income Statement (unadjusted) 5. After three years in business, you are being evaluted for a promotion, One measure is how effectively you managed the sales and expenses of the business. The following dets are avalable 20182017 206 91,000 $52,500 $39.000 45,500 21,000 000 45,500 31,500 21,000 93,500 79,000 53000 21,400 1800 otal stockhoiders equity Sales revenue .s0o At the end of 2018, Kaylee decided to open a seoond stone, requiring loans and inventory purchases pror to the store's opening in early 2019 5- Calculate the net profe margin ratio for each year(Round your answers to 1 decimal place 2017 2016 The following information applies to me questions displeyed below Kaylee James, connoisse r of Sne chocolate, oooned Kaylees Sweets in Collegeown on Febrary 1.The shop specia izes n a election of gormet chocoote candies andie of gourmet ice Oerm, you-been Nired as manager Your dutes include maintaining the store's fnancial records The following transactions occumed in February, the firat month of operations . Received four shae holders' corertunons totaling S2Z800 cash to tm re corporation; issued soo snares of SOO per value common stoc . Paid three months rent for the store at $1,760 per menth recorded as prepaid expenses) G Purchased and received candy for $5,700 on account, due in GO days d. Purchased supplies for $1430 cash e Negotiated and signed a two ye 58,000 loan at the bank, recelving cash at the sime t Used the money rom (el to purchase a computer for $3,250 (for recordkeeping and iInventory acking used the baiance for furniture and ntures for the store g Paced a grand Openn) adversement in re local paoer tr S 420, cash, the ad ran inre current more. h Made soles on Veienene's Day toing $3,600 $2,10 was in cesh and the rest on accounes recelvable. The cost of the candy sold was S1800 LMede a $570 peyment on ecconts yabe Incurered and peid employee wages of $2.0o0 k Clected accounts necerable of STOom eustomers L, Made a repar to one of the display cases for %135cmh. m. Mede cash sales of $2,600 duing the rest of the month. The cost of the candy sold was $1410 1 & 2. Record in the T-80counts the effects of each transation for Kaylee's Sweets in February, referencing each transaction in the accounts with the transaction leter. Show the ending balances in the T-acoounts. An example anount has been posted to the Cash T-Acoount from transacton0) Beg ba Deg bel End. bal 35 0 End. bal Beg ba Beg bal End ba End bal End. bal Prepane an inoome statement at the end of the Srst month of operations ended Febuary 28 Income Statement (unadjusted) 5. After three years in business, you are being evaluted for a promotion, One measure is how effectively you managed the sales and expenses of the business. The following dets are avalable 20182017 206 91,000 $52,500 $39.000 45,500 21,000 000 45,500 31,500 21,000 93,500 79,000 53000 21,400 1800 otal stockhoiders equity Sales revenue .s0o At the end of 2018, Kaylee decided to open a seoond stone, requiring loans and inventory purchases pror to the store's opening in early 2019 5- Calculate the net profe margin ratio for each year(Round your answers to 1 decimal place 2017 2016