1. Calculate the current ratio for the two balance sheets presented

2. Calculate return on Assets for 2021 and 2020

3. Calculate return on Equity for 2021 and 2020

4. Calculate the Accounts Receivable turnover for 2021 and 2020

5. Calculate the days in A/R for 2021 and 2020

6. Calculate the Inventory turnover for 2021 and 2020

7. Calculate the days in Inventory for 2021 and 2020

8. Prepare Common Size Balance Sheets for the two balance sheets presented

9. Prepare Common Size Income Statements for the three income statements presented

(you may ignore the Statements of Comprehensive Income for this purpose).

Would you invest in the Company? Why or why not? Would you accept employment with this Company? Why or why not? Would you have liked to be included in this project?

Commitments and contingencies (Notes 6,7 and 18) Stockholders' equity: Preferred stock - \$0.01 par value; authorized 400 shares, none issued or outstanding Common stock - $0.01 par value; authorized 600,000 shares; issued and outstanding shares: 278,941 and 279,855 , respectively 2,217,939 2,046,237 CADENCE DESIGN SYSTEMS, INC. CONSOLIDATED INCOME STATEMENTS For the three fiscal years ended January 2, 2021 (In thousands, except per share amounts) Commitments and contingencies (Notes 6,7 and 18) Stockholders' equity: Preferred stock - \$0.01 par value; authorized 400 shares, none issued or outstanding Common stock - $0.01 par value; authorized 600,000 shares; issued and outstanding shares: 278,941 and 279,855 , respectively 2,217,939 2,046,237 CADENCE DESIGN SYSTEMS, INC. CONSOLIDATED INCOME STATEMENTS For the three fiscal years ended January 2, 2021 (In thousands, except per share amounts)