1)Explain the weaknesses of ratio analysis.

2)Define the main categories of ratios used in analysis and provide one example of each (with the equation).

3)Contrast sources and uses of cash referencing using at least two examples of assets and liabilities (four total). Provide examples of how cash is used or provided depending on whether it is categorized as an asset or liability.

4)Tribke Enterprises collected the following data from its financial reports for 2012: Stock price $18.37 Inventory balance $300,000 Expenses (excluding COGS) $1,120,000 Shares outstanding 290,000 Average issue price of shares $5.00 Gross margin % 40% Interest rate 8% TIE ratio 8 Inventory turnover 12 x Current ratio 1.5 Quick ratio .75 Fixed asset turnover 1.5 Complete the following abbreviated financial statements, and calculate per share ratios indicated. (Hint: Start by subtracting the formula for the quick ratio from that for the current ratio and equating that to the numerical difference.) Set up an income statement that includes revenue, COGS, GM, EBIT, EBT, and EAT. Set up a balance sheet that includes Current assets, Fixed assets, Total assets, current liabilities, long-term debt, Equity (paid in capital*, and retained earnings), total equity, and total liabilities & equity.