1. using the following balance sheet, prepare and analyze the common size balance sheet

2.analyze the common size income statement below for 3T company

3.prepare the statement of cash flows for Franklin Company using the indirect method

Summary: 1/3. Using the following balance sheet, prepare and analyze the common size balance sheet: Assets Liabilities and stockholders' equity Current assets Current liabilities Cashi Accounts payable 28 Short-term investments 9 Current portion of Accounts receivable 32 long-term debt Inventory Total current liabilities Prepaid expenses Long-term liabilities Deferred taxes, current Long-tern debt Total current assets Total liabilities Stockholders' equity Common stock and PIC 51 Retained earnings 30 Long-term assets Property & equipment 53 Goodwill 12 Long-term investments 8 Other assets Total assets 169 Total stockholders' equity Total liabilities and equity 81 169 Franklin Company Income Statement For the Year Ended December 31, 2015 $9,000 S 650 7.100 Revenues Depreciation expense Other operating expenses Income before income taxes Interest experise Income tax expense Net income 7.750 $1,250 440 270 $ 540 Franklin Company Balance Sheet December 31, 2015 and 2014 2014 5550 280 830 1.350 300 $3.31 Prepare the statement of cash flows for J 2015 2014 2015 Assets: Liab & SE: Cash S 230 S 480 AP $ 370 AR 310........... .....Ins Taxes Pay. 120 Inventories 980 960 LT debt 910 Plant & Equip 3,140 2,150 Common Stock 1.100 Less: Acc. Depr. (1.520) (870) Retained Earnings 840 313 Total Assets $3.340 $3.31 Total Liab. & SE $3.340 Franklin Company using the indirect method. 2/3. Analyze the common size income statements below for 3T Company: 2015 2014 Net sales 100% 100% COGS 89 87 Gross margin 11% 13% Selling, general and administrative Restructuring, asset impairments and other charges Income/(loss) from operations 4% Interest expense Income/loss) before taxes Provision for/(benefit from income taxes Income/(loss) after taxes Discontinued operations, net Net income (loss) (5) 3% amal 98-1