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)

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?