Consider the following comparative income statement and additional balance sheet data for Iconic Fashions, Inc. B (Click the icon to view the comparative income statement.) B (Click the icon to view the additional balance sheet data.) Requirement 1. For 2017 and 2018, compute the five ratios that measure how a business is investing its money and whether it is using its assets efficiently. Round each ratio to two decimal places. Assume all sales are on credit. Select the five ratios used to measure how a company is investing its money and whether it is using its assets efficiently, select the corresponding formulas, and then calculate each ratio for 2017 and 2018. (Enter the first four ratios as decimals rounded to two decimal places, X.XX, and the last ratio as a percentage to the nearest hundredth percent, X.XX%. Abbreviations used: EPS = Earnings per share, ROA = Return on assets, ROE = Return on equity, ROS = Return on sales.) Ratio Formula 2018 2017 - Data table Iconic Fashions, Inc. Income Statement % % Years Ended December 31, 2018 and 2017 2018 2017 Data table Net sales $ 243,000 $ 137,000 267,000 154,000 Cost of goods sold Gross profit 2018 2017 2016 106,000 66,000 113,000 63,000 Accounts receivable 29,000 24,000 18,000 Selling and general expenses Income from operations Inventory 13,000 18,000 15,100 40,000 2,600 50,000 2,500 Total current assets 38,600 Interest expense 43,000 258,000 45,000 232,500 Fixed assets 220,000 Income before income tax 37,400 47,500 7,000 Total assets $ 301,000 $ 277,500 $ 258,600 Income tax expense 5,000 32,400 $ Net income 40,500 H. . Requirements 1. For 2017 and 2018, compute the five ratios that measure how a business is investing its money and whether it is using its assets efficiently. Round each ratio to two decimal places. Assume all sales are on credit. 2. Did the company's performance improve or deteriorate during 2018