What are the ratios of liabilities to stockholders equity for year 2 and year 1?

3.Which of the following is the correct order in which the financial statements should be prepared?a.Income statement, retained earnings statement, balance sheet,statement of cash flowsb.Retained earnings statement, statement of cash flows, income statement, balancesheetc.Balance sheet, income statement, retained earnings statement, statement of cashflowsd.Statement of cash flows, income statement, balance sheet, retained earningsstatement

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