a$)$ Prepare the $2024$ combined common$-$size, common$-$base year balance sheet. $(15$ points$)$

b$)$ Calculate the following financial ratios for each year. Comment on each ratio and interpret the changes from $2023$ to $2024.(20$ points$)$

a$.$ Current ratio

b$.$ Debt to equity ratio

c$.$ Total asset turnover

d$.$ ROE

c$)$ Use the DuPont analysis on each year and interpret your results. $(15$ points$)$