Use Stake Technology Inc.'s financial statements to compute the required ratios below, and indicate whether the change from year to year is favourable or unfavourable. For your analysis, assume that all other things have remained constant. Apply your analysis in very general terms All values should be accurate to at least two decimal places Stake Technology Inc. Income Statement For Years Ended December 31, 2014, 2013, and 2012 2012 2013 $670,500 $752,800 $770,800 341,800 426,900 455,300 328,700 325,900 315,500 140,100 140,800 125,700 188,600 185,100 189,800 2014 Sales Cost of goods sold Gross profit from sales Operating expenses Income from operations Interest expense Income before taxes Income taxes Net income 5,900 7,250 6,200 182,700 177,850 183,600 29,10034,500 41,700 $153,600 $143,350 $141,900 Stake lechnology Inc. Balance Sheet December 31, 2014, 2013, and 2012 Assets 2014 2013 2012 Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Notes receivable, due in 2017 Plant assets, net Total assets $94,200 $83,600 $92,400 104,000 95,00088,000 42,200 35,400 39,400 18,900 16,400 18,700 8,200 9,00011,000 504,000 456,000 440,000 $781,400 $702,900 $697,700 8,600 9,500 7,500 Liabilities and Equity $13,700 $16,700 $15,800 8,300 12,250 11,100 10,850 Long-term note payable secured by mortgage on plant assets 243,000 269,000277,000 140,000 180,000 170,000 362,350 217,400 215,750 $781,400 $702,900 $697,700 Accounts payable Salaries payable Income taxes payable 10,100 8,700 Share capital, 50,000 shares Retained earnings Total liabilities and equity Ratio 2014 2013 Debt ratio (%) Return on equity (%) Acid-test ratio Number of days of sales in inventory Equity ratio (%) Analysis (select one) (select one) (select one) (select one) (select one)