Please answer questions 2 and 3

please answer questions 2 & 3

USE THE FOLLOWING FINANCIAL STATEMENTS TO ANSWER QUESTIONS 1, 2 & 3 INCOME STATEMENT 2018 2019 Net Sales 8360 9610 Cost of Goods Sold 5247 6310 Depreciation 11370 EBIT 1773 1930 Interest Taxable Income 1153 1300 Taxes Net Income 845 630 45 BALANCE SHEET 2018 2019 2018 2019 Cash 310 405 Accounts Payable 2720 2860 Accounts Receivable 2640 3055 Notes Payable 100 Inventory 3275 3850 Current Liabilities 2820 2860 Current Assets 6225 7310 Long-Term Debt 7875 7810 Net Fixed Assets 10,960 10670 Common Stock 5000 5250 Retained Earnings 1490 2060 Total Assets 17185 17980 Total Liabilities & Equity 17185 17980 1). Calculate the following for 2018 & 2019 and indicate if the change is favorable (+) or unfavorable (-) a. Current Ratio b. Inventory Turnover c. Total Debt to Equity d. Profit Margin e. Return on Assets (ROA) f. Return on Equity (ROE) 2). What is the 2019 dividend payout ratio? 3). Based on 2019 year-end data and a planned "plowback ratio of 60% ("plowback" is the percentage of net income kept as retained earnings or reinvested in the business), calculate: a. Internal Growth Rate b. Sustainable Growth Rate