Answer:
the requirements are missing, so I looked for a similar question:
a. Current ratio = current assets / current liabilities
2017 = $62,976 / $50,555 = 1.25
2018 = $67,600 / $57,000 = 1.19
b. Quick ratio = (current assets - inventory) / current liabilities
2017 = ($62,976 - $26,042) / $50,555 = 0.73
2018 = ($67,600 - $27,500) / $57,000 = 0.70
c. Cash ratio = cash / current liabilities
2017 = $24,086 / $50,555 = 0.48
2018 = $24,500 / $57,000 = 0.43
d. Total asset turnover = sales / average total assets
2018 = $373,473 / [($391,671 + $430,000) / 2] = 0.91
e. Inventory turnover = cost of goods sold / average inventory
2018 = $254,500 / [($26,042 + $27,500) / 2] = 9.51
f. Receivables turnover = sales / average accounts receivable
2018 = $373,473 / [($12,848 + $15,600) / 2] = 26.26
g. Profit margin = net profit / total sales
2018 = $54,319 / $373,473 = 14.54%
h. Return on assets = net income / average total assets
2018 = $54,319 / [($391,671 + $430,000) / 2] = 13.22%
i. Return on equity = net income / average equity
2018 = $54,319 / [($281,116+ $311,435) / 2] = 18.33%
