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3} Prepare an income statement (Ignore taxes) for Jasper Corp's first year of operations and a balance sheet as of the end of the year.

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3} Prepare an income statement (Ignore taxes) for Jasper Corp's first year of operations and a balance sheet as of the end of the year. See spreadsheet. 4} Calculate working capital, current ratio, quick ratio and debt ratio for Jasper and comment on your results. See spreadsheet. 5} Go to the sec.gov website and find the lK for McDonald's, Inc. and Wendy's, Inc. for their latest year end. Calculate the same ratios as in 4) for these two competitors and comment on your results. If you are confused how to nd the lK for each company, please email me

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