please help answer question 10

Income statements Balance sheets Balance sheets Comparative financial statement data of Panfield, Inc., follow: (Click the icon to view the income statements.) (Click the icon to view the balance sheets.) 1. Market price of Panfield's common stock: $40.14 at December 31, 2020, and \$25.87 at December 31, 2019 2. Common shares outstanding: 10,000,000 during 2020 and 10,000,000 during 2019 3. All sales are credit sales Read the requirements. Requirement 1. Compute the following ratios for 2020 and 2019. (Round all ratios to two decimal places.) Comparative financial statement data of Panfield, Inc., follow: (Click the icon to view the income statements.) (Click the icon to view the balance sheets.) 1. Market price of Panfield's common stock: \$40.14 at December 31, 2020, and \$25.87 at December 31, 2019 2. Common shares outstanding: 10,000,000 during 2020 and 10,000,000 during 2019 3. All sales are credit sales Read the requirements. Comparative financial statement data of Panfield, Inc, follow: IiB (Click the icon to view the income statements) 1. Market price of Panfield's common stock: $40.14 at December 31, 2020, and $25.87 at December 31,2019 2. Common shares outstanding 10,000,000 during 2020 and 10,000,000 during 2019 3. All sales are credit sales Read the tequirements. Requirement 2. Decide (a) Whether Panfield's ability to pay debts and to sell inventory improved or deteriorated during 2020 and (b) whether the investment attractiveness of its common stock appears to have increased or decreasod. a. Panfield's ability to pay its debts and to sell inventory during 2020 . b. The investment attractiveness of Panfield's common stock appears to have