Required
Refer to Exhibit 18.14 and calculate Focus Metals€™ solvency ratios for 2013 and 2014 (round answers to two decimal places).
Analysis Component: Identify whether the change in each ratio from 2013 to 2014 was favourable (F) or unfavorable (U) andwhy.

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Focus Metals Inc Focus Metals Inc. Income Statement For Year Ended November 30, 2014 (millions of $) Comparative Balance Sheet Information November 30 (millions of $) 2014 2013 2014 2013 84 Net sales 882 672 378 56 2,506 2,590 Operating expenses: 168 Long-term notes payable1,680 2,240 280 259 S 84 700 784 $84 567 651 252 280 Total operating expenses Retained earnings 742 134 46 100 "90% of the plant and equipment are secured by long-term notes payable