Solution will be in Microsoft Excel

45. FINANCIAL RATIOS DuBois Furniture, Inc., reported these figures for 20x7 and 20x6: Income statement: 20x7 20x6 12,000,000 18,700,000 351,000,000 317,000,000 100,000 shares issued and outstanding ...2,500,000 2,500,000 Net income.... Balance sheet: Preferred stock, $1.30, no-par, 164,000,000 151,000,000 Common stookholder quity.. 45. FINANCIAL RATIOS DuBois Furniture, Inc., reported these figures for 20x7 and 20x6: Income statement: 20x7 20x6 12,000,000 18,700,000 351,000,000 317,000,000 100,000 shares issued and outstanding ...2,500,000 2,500,000 Net income.... Balance sheet: Preferred stock, $1.30, no-par, 164,000,000 151,000,000 Common stookholder quity