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I am stuck and don't really under how to do a financial statement analysis based on the data provided.

B DE F G H Financial ratios Formula 2021 2020 2019 2018 2017 2016 1.0022 1.1319 1.0107 1.0182 0.9898 0.9771 0.5193 0.6391 0.5203 0.4642 0.4277 0.4012 0.3824_0.4942 0.3608 0.3039 0.2598 0.2170 0.6950 0.6633 0.6567 0.6791 0.6952 0.6281 2.2785 1.9701 1.9132 2.1161 2.2807 1.6892 3.2785 2.9701 2.9132 3.1161 3.2807 2.6892 39.2281 33.9688 31.5800 28.1761 30.6791 27.6090 49.6433 44.2300 41.5267 37.2138 40.9030 37.0431 FNM Camp FARSAN Short-term solvency ratios or Liquidity ratios Current ratio = Total Current Assets/Total Current Liabilities Quick ratio (Total Current Assets - Inventory)/Total Current Liabilities Cash ratio = (Cash and cash cquivalents)/Total Current Liabilities Long-term solvency ratios or Financial leverage ratios Toal debt ratio = Total liabilities/Total assets Debt-equity ratio = Total liabilities/Total equity 10 Equity multiplier - Total assets/Total quity Times interest earned = Earnings before interest and taxes/Interest expense 12 Cash coverage = (Earnings before interest and taxes Depreciation and amortization Interest expense 13 Assct utilization ratios or Turnover ratios Inventory Turnover - COGS/Inventory = Inventory/(COGS/365) 15 Days' sales in inventory or Days' inventory Held = 365/(COGS/Inventory) 16 Receivables turnover or Accounts receivable turnover = Total revenue/Accounts receivable Days' sales in receivables or Average collection period - 365/(Total revenue/Accounts receivable) - Accounts receivable (Total revenue/365) 17 = ( 18 Payables turnover = COGS/Accounts payable Accounts payable/(COGS/365) Days' payable outstanding = 365/(COGS/Accounts payable) Cash conversion cycle = Days' sales in receivables + Days' sales in inventory - Days' payable outstanding Total asset turnover - Total revenue/Total assets 22 Profitability ratios 23 Profit margin -Net eamings (or Net income) Total revenue Relum on assets or Relum on total assets -Net earnings (or Net income)/Total assets 25 Retum on equity = Net earnings (or Net income) Total equity 26 Market value ratios Price-carnings ratio I= Market price per sharc of common stock/Earnings per sharc 28 Market-to-book ratio = Market price per sharc/Book valuc per share 29 30 31 The following DuPont analysis is for Project Part 1 32 Dupont analysis 33 Profit margin =Net earnings (or Net income)/Total revenue 34 Total asset turnover =Total revenue/Total assets 35 Equity multiplier =Total assets/Total equity 36 Profit margin * Total asset turnover Equity multiplier 37 Return on equity =Net earnings (or Net income Total cquity 12.0073 11.8395 11.6618 11.1551 11.3771 11.4730 30.3981 30.8290 31.2988 32.7205 32.0821 31.8139 108.6683 107.5877 99.4808 84.8268 90.1013 94.8235 3.3588 3.3926 3.6691 1.3029 1.0510 3.8193 10.4856 10.2271 (11.3782 10.9595|11.6447 13.5183 34.8098 35.6894 32.0789 33.304431.3448 27.0005 -1.0528 -1.4677 2.8890 3.7190 4.7883 8.6627 3.3058 3.0017 3.3635 3.3635 3.4675 3.5498 3.5799 0.0256 0.0845 0.2770 0.0240 0.0240 0.0221 0.0208 0.0198 0.0720 0.0806 0.0768 0.0737 0.0709 0.2140_0.2348 0.2392 0.2418 0.1906 39.5877 37.7776 34.6576 31.5971 25.0853 26.0650 10.9332 8.0631 8.1355 7.5522 6.0458 4.9505 0.0256 3.3058 3.2785 0.2770 0.2770 0.0210 0.0240 0.0221 0.0208 0.0198 13.0017 13.3635 3.4675 13.5198 3.5799 2.9701 2.9132 3.1161 3.2807 2.6892 0.2140 0.2348 0.2392 0.2418 0.1906 0.2140 0.2348 0.2392 0.2418 0.1906 x Long-term solvency ratios 1. Total debt ratios a. Story behind the ratio in 2021 b. Change in ratios from 2019 to 2020 and from 2020 to 2021 c. What causes the ratio to increase or decrease? 2. Debt-equity ratios a. Story behind the ratio in 2021 b. Change in ratios from 2019 to 2020 and from 2020 to 2021 C. What causes the ratio to increase or decrease? 3. Equity multiplier a. Story behind the ratio in 2021 b. Change in ratios from 2019 to 2020 and from 2020 to 2021 c. What causes the ratio to increase or decrease? 4. Times interest earned a. Story behind the ratio in 2021 b. Change in ratios from 2019 to 2020 and from O to 2021 C. What causes the ratio to increase or decrease? B DE F G H Financial ratios Formula 2021 2020 2019 2018 2017 2016 1.0022 1.1319 1.0107 1.0182 0.9898 0.9771 0.5193 0.6391 0.5203 0.4642 0.4277 0.4012 0.3824_0.4942 0.3608 0.3039 0.2598 0.2170 0.6950 0.6633 0.6567 0.6791 0.6952 0.6281 2.2785 1.9701 1.9132 2.1161 2.2807 1.6892 3.2785 2.9701 2.9132 3.1161 3.2807 2.6892 39.2281 33.9688 31.5800 28.1761 30.6791 27.6090 49.6433 44.2300 41.5267 37.2138 40.9030 37.0431 FNM Camp FARSAN Short-term solvency ratios or Liquidity ratios Current ratio = Total Current Assets/Total Current Liabilities Quick ratio (Total Current Assets - Inventory)/Total Current Liabilities Cash ratio = (Cash and cash cquivalents)/Total Current Liabilities Long-term solvency ratios or Financial leverage ratios Toal debt ratio = Total liabilities/Total assets Debt-equity ratio = Total liabilities/Total equity 10 Equity multiplier - Total assets/Total quity Times interest earned = Earnings before interest and taxes/Interest expense 12 Cash coverage = (Earnings before interest and taxes Depreciation and amortization Interest expense 13 Assct utilization ratios or Turnover ratios Inventory Turnover - COGS/Inventory = Inventory/(COGS/365) 15 Days' sales in inventory or Days' inventory Held = 365/(COGS/Inventory) 16 Receivables turnover or Accounts receivable turnover = Total revenue/Accounts receivable Days' sales in receivables or Average collection period - 365/(Total revenue/Accounts receivable) - Accounts receivable (Total revenue/365) 17 = ( 18 Payables turnover = COGS/Accounts payable Accounts payable/(COGS/365) Days' payable outstanding = 365/(COGS/Accounts payable) Cash conversion cycle = Days' sales in receivables + Days' sales in inventory - Days' payable outstanding Total asset turnover - Total revenue/Total assets 22 Profitability ratios 23 Profit margin -Net eamings (or Net income) Total revenue Relum on assets or Relum on total assets -Net earnings (or Net income)/Total assets 25 Retum on equity = Net earnings (or Net income) Total equity 26 Market value ratios Price-carnings ratio I= Market price per sharc of common stock/Earnings per sharc 28 Market-to-book ratio = Market price per sharc/Book valuc per share 29 30 31 The following DuPont analysis is for Project Part 1 32 Dupont analysis 33 Profit margin =Net earnings (or Net income)/Total revenue 34 Total asset turnover =Total revenue/Total assets 35 Equity multiplier =Total assets/Total equity 36 Profit margin * Total asset turnover Equity multiplier 37 Return on equity =Net earnings (or Net income Total cquity 12.0073 11.8395 11.6618 11.1551 11.3771 11.4730 30.3981 30.8290 31.2988 32.7205 32.0821 31.8139 108.6683 107.5877 99.4808 84.8268 90.1013 94.8235 3.3588 3.3926 3.6691 1.3029 1.0510 3.8193 10.4856 10.2271 (11.3782 10.9595|11.6447 13.5183 34.8098 35.6894 32.0789 33.304431.3448 27.0005 -1.0528 -1.4677 2.8890 3.7190 4.7883 8.6627 3.3058 3.0017 3.3635 3.3635 3.4675 3.5498 3.5799 0.0256 0.0845 0.2770 0.0240 0.0240 0.0221 0.0208 0.0198 0.0720 0.0806 0.0768 0.0737 0.0709 0.2140_0.2348 0.2392 0.2418 0.1906 39.5877 37.7776 34.6576 31.5971 25.0853 26.0650 10.9332 8.0631 8.1355 7.5522 6.0458 4.9505 0.0256 3.3058 3.2785 0.2770 0.2770 0.0210 0.0240 0.0221 0.0208 0.0198 13.0017 13.3635 3.4675 13.5198 3.5799 2.9701 2.9132 3.1161 3.2807 2.6892 0.2140 0.2348 0.2392 0.2418 0.1906 0.2140 0.2348 0.2392 0.2418 0.1906 x Long-term solvency ratios 1. Total debt ratios a. Story behind the ratio in 2021 b. Change in ratios from 2019 to 2020 and from 2020 to 2021 c. What causes the ratio to increase or decrease? 2. Debt-equity ratios a. Story behind the ratio in 2021 b. Change in ratios from 2019 to 2020 and from 2020 to 2021 C. What causes the ratio to increase or decrease? 3. Equity multiplier a. Story behind the ratio in 2021 b. Change in ratios from 2019 to 2020 and from 2020 to 2021 c. What causes the ratio to increase or decrease? 4. Times interest earned a. Story behind the ratio in 2021 b. Change in ratios from 2019 to 2020 and from O to 2021 C. What causes the ratio to increase or decrease