The Hudson Corporation reported the following data:

	Year 3	Year 2	Year 1
Equipment	$18,000	$16,000	$14,000
Accounts payable	2,300	800	1,000
Cash	8,900	9,300	8,200
Rent expense	1,200	1,400	1,700
Accounts receivable	600	400	200
Notes payable	10,300	12,100	14,700
Inventory	2,000	2,200	2,400
Revenues	56,000	52,000	48,000
Cost of goods sold	20,000	18,000	16,000

Required:

1. On your own paper (or in Word or Excel), select the appropriate ratio(s) to assess the company's profitability and calculate for the years available; show your work.
2. Briefly explain why you selected the ratio(s) you did.
3. Briefly explain whether the company's profitability improved or worsened over the three year period.
4. Upload a picture of your paper (or a file if using Word or Excel).