C. After completing requirements (a) and (b) please answer the following questions. 15 points i. Which company had the higher increase in total revenue from 2019 to 2020? ii. Which company had the higher increase in net income from 2019 to 2020? points. iii. Cost of Revenue (COGS) is what percentage of total revenue for Company K? iv. Cost of Revenue (COGS) is what percentage of total revenue for Company P? 2. Ratios. The following Ratios MUST BE CALCULATED for Company P and Company K for the 2020. Please show the formula. a. b. Inventory Turn-over. 10 points Current Ratio. 10 points C. Gross Profit Percentage. 10 points year d. After completing requirement a, b and c (above) please answer the following questions. i. Based on the Ratios for each company 1. Which company had the higher Gross Profit Percentage? 5 points. 2. How many days does Company P sell through their inventory? 5 points. 3. How many days does Company K sell through their inventory? 5 points. 4. Based on the answers in questions 2 and 3, which company is selling through their inventory quicker? 5 points. ii. Which company has the "best" current ratio? (Please refer to your notes) 5 points.