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can you answer me please just the second image the financial statement analysis THIS INFORMATION WILL BE USED FOR THE STATEMENT OF CASH FLOW AND

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THIS INFORMATION WILL BE USED FOR THE STATEMENT OF CASH FLOW AND THE FINANCIAL STATEMENT ANALYSIS Statement of Cash Flow (26 points) Strickland Ice Cream Stand produced the following comparative Balance Sheet and Income Statement for December 31, 2020 and 2019. Balance Sheet Assets Cash Accts Receivable Inventory Equipment Accuentes Total Assets 2020 50 80 60 110 (30) 270 2019 72 70 65 60 (15) 252 Change (22) 10 (5) 50 (15) 18 Liabilities & Equity Acets Payable Wages Payable Long term Note Pay Common Stock Retained Earnings Total Liab & Equity 10 2 50 100 108 270 12 1 60 80 99 252 (2) 1 (10) 20 9 18 -- 200 110 Income Statement Sales Cost of Goods Sold Gross Profit Depec Expense Other Expenses Net Income 90 15 50 25 178 99 79 14 48 12 22 11 11 1 2 8 Additional Information: Purchased equipment for cash Paid a cash dividend Prepare the Statement of Cash Flows on the next page 15 of 840 words English (United States) Focus tv ow R EPIC GAME MacBook Pro FINANCIAL STATEMENT ANALYSIS (2 points each, 26 points total) 1. Horizontal Analysis: Calculate the trend analysis on the following accounts: a. Cash b. Inventory c. Sales 2. Vertical Analysis: Calculate common-size analysis on the following accounts: a. Equipment b. Accounts Payable c. Cost of Goods Sold d. Net Income 3. Ratio Analysis: Calculate the following ratios for 2020: a. Current Ratio (CA/CL) b. Acid Test Ratio (CashtAR/CL) c. Days Sales Outstanding (365 / (Sales/Avg AR)) d. Days Sales in Inventory (365/(COGS/Avg Inv) c. Debt to Equity (Total Liab/Total Equity) 1. Gross Margin Ratio (Gross Profit/Sales)

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