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calculate these ratios for the statements of cashflows below. please solve for 2018 and 2019.

II. Long-term solvency, or financial leverage, ratios Total debt ratio Total assets - Total equity Total assets Debt-equity ratio = Total debt/Total equity 1. Short-term solvency, or liquidity, ratios Current assets Current ratio Current liabilities Quick ratio Current assets - Inventory Current liabilities Cash Cash ratio Current liabilities Net working capital to total assets - Net working capital Total assets Interval measure Current assets Average daily operating costs Equity multiplier = Total assets/Total equity Long-term debt ratio Long-term debt Long-term debt + Total equity Times interest earned ratio EBIT Interest Cash coverage ratio EBIT + Depreciation Interest JONES SODA CO. CONSOLIDATED STATEMENTS OF CASH FLOWS Year Ended December 31, 2019 2018 (In thousands) (2.778) S (2,079) 316 141 4 (36) 123 178 33 (202) (430) (30) (197) 190 (107) (25) 114 108 (2) (508) 139 11 (7) (3,344 (1,704) OPERATING ACTIVITIES: Net loss Adjustments to reconcile net loss to net cash used in operating activities: Gain on insurance claim Depreciation and amortization Stock-based compensation Change in allowance for doubtful accounts Changes in operating assets and liabilities: Accounts receivable Inventory Prepaid expenses and other current assets Other assets Accounts payable Accrued expenses Taxes payable Other liabilities Net cash used in operating activities INVESTING ACTIVITIES Proceeds from insurance claimon property damge Purchase of fixed assets Net cash used in investing activities FINANCING ACTIVITIES: Net proceeds from exercise of stock options Proceeds fromissuance of conmon stock and warrants, net Proceeds from issuance of convertible notes, net Repayments on line of credit, net of proceeds Net cash provided by financing activities Net increase in cash and cash equivalents Effect of exchange rate changes on cash Cash and cash equivalents, beginning of period Cash and cash equivalents, end of period Supplemental disclosure: Cash paid during period for Interest Income taxes Supplemental disclosure of non-cash transactions: Conversion of notes payable and accrued interest Beneficial conversion feature on convertible notes (77) (41) (121) 28 &817 (428) 8417 4,962 26 991 5,969 2,783 (430) 2,353 608 (14) 397 991 S 45 18 41 25 S 1.558 18 350 Year Ended December 31. 2019 2018 Expected dividend yield Expected stock price volatility Risk-free interest rate Expected term (in years) Weighted average grant date fair-value 67.7% 2.294 60 yean 67.0% 2.694 5.6 years 0.23 0.20 During the year ended December 31, 2019. no material modifications were made in tendina tarantin Year Ended December 31 2019 2018 Type of awards: Stock options Restricted stock s S 101 40 141 121 57 178 S Income statement account: Selling and marketing General and administrative S 45 96 141 122 178 S 45 December 31, 2019 December 31, 2018 (In thousands, ercept sh 5,969 $ 1,573 1.788 310 9,640 162 33 17 9,852 991 1.362 1.349 245 3,947 88 33 4,068 554 S ASSETS Current assets: Cash and cash equivalents Accounts receivable, net of allowance of S44 and 540 Inventory Prepaid expenses and other current assets Total current assets Fixed assets, net of accumulated depreciation of S484 and 5489 Other assets Right of use lease asset Total assets LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT) Current liabilities: Accounts payable Line of credit Accrued expenses Lease liability Taxes payable Total current liabilities Convertible subordinated notes payable, net Accrued interest expense Deferred rent Total liabilities Shareholders' equity (deficit) Common stock, no par value: Authorized - 100,000,000, issued and outstanding shares -61,566,076 shares and 41,464,373 shares, respectively Accumulated other comprehensive income Accumulated deficit Total shareholders' equity (deficit) Total abilities and shareholders' equity 1,058 428 614 663 18 10 1.245 1.113 147 2.100 2.58 135 8 4,771 2,723 73,773 342 7,127 (64210 (700 400 See accompanying notes to consolidated financial statements CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS Tara Den 31 3018 5 2,079) Neto Other comprehensive income (los) Foreign currency station adjustment Total comprehensive loss (2.732) (95) 2,194 CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (DEFICIT Year Ended December 31, 2019 and 2018 Stock Acred the Cape Am Acred De 41.464,373 $ 6263 5 391 S. (63,131) 178 350 12 150 (2,079) (2,079) 41.4643373 195 29 5 (64210) 5 Balance of December 31, 2017 Stock-based compensation Beneficial conversion freon convertible debt Net loss Other comprehensive loss Balance of December 31, 2018 Stock-based compensation Common stock issue on conversion of notes payable Common stock and was issued, net of offering costs of SIR Exercise of stock options Beneficial conversion feature on paid-in-kind interest Netlo Other comprehensive income Balance as of December 31, 2019 141 163,129 4868,099 15.000.000 70,45 RRIZ 28 18 1.558 8,817 28 IR (2,778) 46 7,127 (2,778) 61,566,076 $ 3435 166,983) 2019 Reven United States Canada Other countries Total revenue 8.680 2.768 60 11,508 9.520 2,949 80 11258 Finess United States Canada Total fixed assets 162 During each of the yeurs ended December 31, 2019 and 2018, three of our customers represented approximately 43% of revenues

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