Exercise 2 Selected comparative financial statement data for DFRT Inc. Balance Sheet (En milliers de dollars) 2017 2018 Assets Assets CT -Cash - Accounts Receivable - inventories Prepaid Insurance Total Assets CT Assets LT -Building Land Total Assets LT Total de Assets 8 346 70456 124589 759 204 150 10 256 76 548 120 856 1025 208 685 140 425 16 256 156 681 360 831 145 856 12 748 158 604 367 289 Laibilities Laibilities CT - Loan CT Accounts Payable Taxes payable Notes Payable Total de laibilities CT Laibilities LT Loan LT Owner's Equity Capital Retained earnings 5263 57651 3256 12458 78 628 4256 62513 4236 14532 85537 86 579 66174 60 000 135 624 50 000 155 475 Totallsibilities and Owners Equity 360 831 367289 Statement of Net income (2017-2018) 2017 2018 Net Sales 535 965 823654 Cost of Sales 412563 512865 84 562 93254 Gross profit Selling general, and administ Profit before income tax Income tax Profit 5324 28513 1- Calculete the ratios, Explain? 1. Current Ratio 2- Debt to total Assets 3-Gross profit Margin 4- Profit margin 5. Earnings per Shar (Number of common shares: 14 000) Exercise 3 The Big and Fast company provides the following information about its activities in the year 2018 Treasury stock purchased: $25.000 intory burchased $213.000