A paragragh stating your evaluation of the company's performance and financial status for the quarter ending march 30, 2022.

in your evaluation , state whether:

#the business is profitable;

#it is able to pay its current obligations/liabilities;

#its assets are financed more by debts or equity;

#its retained earnings increased or decreased during the quarter and why.

you may state any other insights you have on the company's financial statements.

justify your evaluation and support your discussion with relevant calculations and ratios.

Required: Based on the unadjusted trial balance of Yammy-Licios Ice Cream, Inc: above, you are required ta prepare/write the following: 1) An incomes stateinent (g potiss). 2) A stitemient of retained earnings ( 4 poincs), 7) Balance Sheet (i2 poincs)