Acting as an accounting advisor to the firm, prepare a memo in which you analyze the financial statements prepared in step two and three and along with the ratios that have been calculated above and prepare an analysis of the company's financial position. Identify two strengths and two weaknesses in the company. Make two recommendations to improve the company's financial position. Be specific in each of the recommendations and use all of the above ratios to support your analysis. The length should be no more than one paragraph.

Help with the memo please!

 

Working Capital Current Ratio Quick Ratio Account Receivable Turnover Number of Days Sales in Receivables Inventory Turnover Number of Days Sales in Inventory Ratio of Liabilities to Stockholders' Equity Return on Total Assets Return on Stockholders' Equity Earnings per share Spartan Cases, Inc. Year 2022 2021 2022 2021 2022 2021 2022 2022 2022 2022 2022 2021 2022 2022 2022 2021 Current Assets 1,193,700 516,200 1,193,700 516,200 QA 1,103,700 416,200 Sales 1,500,000 COGS Current Liabilities Total Liab. Ratio 170,000 $1,023,700.00 *E 80,000 $436,200.00 326,000 160,000 170,000 80,000 No. Days in yr. Acct. Rec. T/O 365 8.11 170,000 80,000 Avg. Acct. Rec. 185,000 450,000 35,000 No. Days in yr. Avg. Inv. T/O 365 12.86 Avg. Inv. Total SE 1,155,700 606,200 (Net Inc.+int. Exp) Avg. Total Assets $565,500 1,123,950 Net Income Avg. Total SE 549,500 880,950 (Net Inc.-Pref.Div.) C/S Outstanding 549,500 326,200 240,000 120,000 7.02 6.45 6.49 5.20 8.11 45.01 12.86 28.38 0.28 0.26 0.50 0.62 2.29 2.72