P 1. No check figure

P 2. Increase: a, b, e, f, l, m

P 3. 1.c. Receivable turnover, 20x2: 14.1 times; 20x1: 14.4 times

P 4. 1.b. Quick ratio, Lewis: 1.5 times; Ramsey: 1.2 times

2.d. Return on equity, Lewis: 8.8%; Ramsey, 4.9%

P 5. Increase: d, h, i

P 6. 1.a. Current ratio, 20x2: 1.5 times; 20x1: 1.5 times

2.c. Return on assets, 20x2: 5.0%; 20x1: 10.7%