Using these financial statements calculate 2-3 ratios for both years. What questions would the results of these ratios make you want to ask the CFO? CABRERA COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2017 Net sales $2,972,413 Cost of goods sold 1,982,541 Gross profit 989,872 Selling expenses (see Note D) $453,028 Administrative expenses 350,771 803,799 Income from operations 186,073 Other revenues and gains 171,410 357,483 Other expenses and losses 126,060 Income before income tax 231,423 Income tax 66,934 Net income for the year $ 164,489 Earnings per common share $1.74 Balance sheet example TEDDY FAB NC BALANCE SHEET December 31, 2100 ASSETS LIABILITIES AND SHAREHOLDERS EQUITY Current Currentes Cash and cash acus $ 900,000 Accounts payable $ 30,000 Accounts receivable 20,000 Noles payable 10.000 15,000 Acorundperes 5.000 Prepaid expose 4,000 Defender 2.000 Investment 10,000 Total current bildes 4700D Total curent els 540.000 Long.mobi 200 000 Property and equipment Land 24,300 Total 24700D Buildings and improvements 250,000 Equipment 50,000 Loss could depreciation 15.0001 Common Additional polica 20.000 damning 19T100 TR 2.000) Intangible 4.000 Less accumulated amortization 1200 4T2 100 Total $ 472,100 10.000