You have been asked to analyze the financial statements of the Dayton Corporation for the two years ending 2018 and 2019.

a. Create a comparative balance sheet for the years 2019 and 2018, similar to the spreadsheetfor Table 7.3, which can be viewed at http://www.pearson.com/mylab/finance. 

b. Create a comparative income statement for the years 2019 and 2018, similar to thespreadsheet for Table 7.4, which can be viewed at http://www.pearson.com/mylab/finance.
c. Create a spreadsheet to calculate the listed financial ratios for both 2019 and2018, similar to the spreadsheet for Table 7.6, which can be viewed at http://www .pearson.com/mylab/finance. 

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1 2 3 A Dayton Corporation Financial Data 4 Net sales 5 Cost sales 6 SG & A expenses 7 Depreciation expense 8 Interest expense Tax expense 9 10 Cash & equivalents 11 Receivables 12 Inventory 13 Other current assets 14 Plant & equipment 15 Accumulated depreciation 16 Intangible assets 17 Other non-current assets 18 Payables 19 Short-term notes payable 20 Other current liabilities 21 Long-term debt 22 Other non-current liabilities 23 Common stock 24 Retained earnings 25 Common shares outstanding 26 Current market price of stock B 2018 $47,715 $27,842 $ 8,090 $ 628 $ 754 $ 3,120 $ 2,144 $ 5,215 $ 3,579 $ 2.022 $18,956 $ 5,853 $ 7,746 $10,465 $ 5,108 $ 4,066 $ 2,369 $ 4,798 $ 4,837 $ 6,776 $16,050 $ 2,300 $ 45 C 2019 $40,363 $21,485 $ 7,708 $ 555 $ 792 $ 3,002 $ 2,536 $ 5,017 $3,021 $ 2,777 $16,707 $ 5,225 $ 7,374 $ 7,700 $ 4,361 $ 3,319 $ 2,029 $ 3,600 $ 5,020 $ 6,746 $14,832 $ 2,300 $ 45