2:42 X AC 2034 Assig. @ i E Aadico Automotive Inc Consolidated Statements of income For the years ending Dec. 28, 2017 and Dec. 29, 2016 Con dollar amounts shown in Millions 2017 8000 6000 2000 1000 75.0 250 994 Sales Cost of Sales Gross Margin Expenses Selling General Administration Dismantling Labour Dismantling Overhead Earnings from Operations Interest Expenses of LTD] Earnings Before Income Taxes Income Tax Expense Net Earnings 2:42 * AC 2034 Assig... @ i E Aadre Automotive Inc Consolidated Bilance Sheet December 28, 2017 and December 29, 2016 Cdn Dollar amounts in Millions 2017 Assets Current Assets Cash and Cash Equivalents Accounts Receivable Income Tax Receivable 29 1506 1600 Prepaid Expenses Total Current Assets Property Plant & Equipment Other assets intangibles, goodwill Total Assets 300.0 20.0 6850 Purpak Ltd. Consolidated Balance Sheet December 28, 2017 and December 29, 2016 (Can Dollar amounts in millions) 2016 Liabilities and Shareholder Equity Liabilities Current Liabilities Long Term Debt (5.0% int per annum) Total Liabilities 60.0 61.4 1000 1514 110.0 Shareholder Equity Common Shares Retained Earnings 20.0 555.0 20.0 555.0 Total Shareholder Equity 575.0 575.0 Total Liabilities and Shareholder Equity 7354 Other Financial Information Number of Common Shares Outstanding 10 Million Number of preferred shares Outstanding 10 Million Pure College Financial Accounting Assignment Part A Ratio Analysis (15 marks] Calculate the financial ratios based on the financial information provided both years] Part B Benchmark Analysis (15 marks) Compare the actual company raties to the benchmarksindustry average provided. (most recent year only Industry Average Benchmark Actual Comments-Better/Worse 2001 20 cents Return on Assets Return on Equity Debt to Equity Interest Coverage Earnings per share Price Caming price $10) Inventory Turnover Receivables Turnover Return on Sales Debt Ratio Days Sales Working Capital Part C Write a Business Report using the format provided and Part A and Part B as appendices. Your business report should provide your assessment of