Question: Using these financial statements calculate 2-3 ratios for both years. What questions would the results of these ratios make you want to ask the CFO

 Using these financial statements calculate 2-3 ratios for both years. What

Using these financial statements calculate 2-3 ratios for both years. What questions would the results of these ratios make you want to ask the CFO CABRERA COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2017 Net sales $2,072,413 Cost of goods sold 1,982,541 Gross profit 989,872 Selling expenses (see Note D $453,028 Administrative expenses 350,771 803.700 Income from operations 186,073 Other revenues and gains 171.410 357.483 Other expenses and losses 126.000 Income before income tax 231,423 Income tax 66,934 Net income for the year $ 164,489 Earnings per common share $1.74 Balance sheet example ASSETS Cumenie Cash and cashier Accounts receivable inventory Prepaid TEDDY FAB INC BALANCE SHEET December 31, 2100 LABUITIES AND SHAREHOLDERS EQUITY Quran $ 100.000 Art 20 000 No pay 15.000 A 4000 10.000 Long 10.000 5.000 2.000 47602 200.000 Totes Property and equipment Brand Ingrovements Email Les e depreciation 24.00 250,000 50.000 05.000 To Show Gomawock Adnan Heaned og Tryck Towder 10 20.000 SP 2.000 Others Intangible Les accumulated amortion Total assets 4.000 2009 56721 $

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