Financial Statement Date for Hunter Properties
($ thousands)	12/31/19	12/31/18	12/31/17	12/31/16	12/31/15
Sales	$9,823	$9,750	$9,700	$9,500
Net Income	1,671	1,530	1,400	1,215
Total Assets	20,999	19,042	18,760	18,820	17,453
Total Stockholders' Equity	8,726	7,012	6,999	6,999	6,500

PART ONE:

Calculate the return on equity (ROE) for Hunter Properties for 2016, 2017, 2018 and 2019. [Show all supporting calculations for partial credit eligibility.] Provide a brief summary interpreting the ROE results and trends.

PART TWO:

The financial information below has been provided for 3M Company.

In addition, the following liquidity and solvency ratios were provided:

3M Company	2018	2017
Current ratio	1.89	1.86
Quick ratio	1.14	1.18
Times Interest Earned	20.59	23.89
Liabilities to Equity ratio	2.71	2.27

Explain and interpret each ratio individually. Make sure to comment on any observed trends or changes. Then summarize your findings about the company's liquidity and solvency. Do you have any concerns about 3M's ability to meet its debt obligations?