Using the Income Statement and Balance Sheet provided in the attached file, please calculate the ratios for both years.

You are required to calculate the following ratios for 2010 and 2011: ROUND ONE DECIMAL PLACE a) Current ratio. b) Working Capital. c) Debt to asset. d) Return on Assets. el Profit margin. Use the editor to format your answer Ouestion 15 SAM BED & BREAKFAST Income Statements For the Year Ended December 31 2010 Revenue 1,818,500 Cost of goods sold 1,011,500 Gross profit 807,000 Selling and administrative expense 506,000 Other expenses and losses 18,000 Income before income taxes 283,000 Income tax expense 84,000 2011 1,650,500 996,000 654,500 479,000 Interest expense 14,000 61,500 15,000 Net income 199,000 85,000 BED & BREAKFAST Balance Sheets As at December 31 2010 2011 Assets Current Assets Cash Short term investments Accounts receivables Inventory Total current assets Fixed Assets 60,100 69,000 107,800 133,000 369,900 64,200 50,000 102,800 115,500 432,500 Property Total Assets 700,300 1,070,200 520.300 852,800 Current Liabilities Accounts payable 160,500 145,400 Income tax payable 43,000 42,000 203,500 187,400 Total current liabilities Long-term Liabilities Bonds payable (over a year) 300.000 200,000 SAMSUNG 503,500 387,400 Total liabilities Stockholders' equity: Common stock 280,000 300,000 Retained earnings 286,700 165,400 Total stockholders' equity 466,700 465,400 Total liabilities & stockholders' equity 1,070,200 952,800