Please Show you calculations for problem number 1. Points will only be awarded for showing your calculations and which ratio formula you are using 1. Complete the following balance sheet for the Range Company using the following information: Debt to Assets =60 percent Quick Ratio =1.1 Asset Tumover =5x Fixed Asset Tumover =12.037x Current Ratio = 2 Average Collection Period =16.837 days Assume all sales are on credit and a 360-day. 2. What effect will disinflation following a highly inflationary period have on the reported income of the firm? 3. Why might disinflation prove favorable to financial assets? 4. Comparison of income can be difficult for two companies, even though they sell the same products in equal volume explain two reasons for this >