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a) Please make an income statement and balance sheet with the following information. Your income statement should have gross profit, EBITDA, EBIT, and net income.

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a) Please make an income statement and balance sheet with the following information. Your income statement should have gross profit, EBITDA, EBIT, and net income. Your balance sheet should have segments for current assets and fixed assets, current liabilities, and long-term liabilities, equity. You can use either excel (question 20) or the blank space to answer this question. (10 points) 2021 $22,652 Sales Depreciation 3,050 Cost of goods sold 6,972 Other expenses 1,826 Interest 1,620 Cash 5,689 Accounts receivable 11,167 Short-term notes payable 1,897 Long-term debt 35,991 82,654 Net fixed assets Accounts payable Inventory 7,612 23,855 Tax rate Owners' equity 35% $77,865 b) Please interpret the following ratios. Please use the blank space to answer this question. (10 points) i) A debt to equity ratio 1.08 means- ii) A current ratio.69 means- iii) Company A has 100 days' sales in receivables and company B has 62 days' sales in receivables, which company is doing better? iv) RJ's has a total asset turnover rate of .97. Sam's has a total asset turnover rate of .94. Both companies have similar operations. Which firm is utilizing the assets efficiently? v) Company XYZ has a P/E ratio of 2.69. What does it mean

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