Common size statements: $Re-$state Orange Incorporated's $2023$ financial statements $as$

common$-$size statements and comment $on$ them

Compute and analyze financial ratios. Using the $2023$ income statement and balance sheet $of$

Orange Products Inc., $as$ constructed $in$ problems $1$ and $2$ above, compute its financial ratios.

How $is$ the firm doing relative $to$ its industry $in$ the areas $of$ liquidity, asset management, leverage,

and profitability?