Looking back over the last few years it is clear that Nicole Mackisey has accomplished a lot running her business Nicole's Getaway Spa (NGS). Nicole is curious about her company's performance as she compares its financial statements.

Required:
1. Was NGS more profitable in 2014 or 2015? Use the gross profit percentage, return on equity, and asset turnover ratio to help in making a decision (round each ratio to two decimal places).
2. Was NGS more liquid in 2014 or 2015? Use the current ratio and quick ratio to help in making a decision (round each ratio to two decimal places).
3. Was NGS more solvent in 2014 or 2015? Use the debt-to-assets ratio and times interest earned ratio to help in making a decision (round each ratio to two decimal places).

2 1 Accounts Receivable, Net Other Current Assets Property and Equipment, Net Long-term Liabilities Total Liabilities Total Stockholders' Equity Total Liabilities and Stockholders Equity $74,950 5 $90,100 $34.600 Cost of Goods Sold rations Income before Income Tax Expense