Comprehensive Financial Statement Analysis

Financial Statement Details:

• Income Statement:
  • Net Sales: $8,000,000
  • Cost of Goods Sold: $5,000,000
  • Operating Expenses: $2,500,000

• Balance Sheet:
  • Total Assets: $15,000,000
  • Total Liabilities: $6,000,000
  • Shareholders' Equity: $9,000,000

Requirements:

• Perform a comprehensive financial statement analysis.
• Calculate key financial ratios (profitability, liquidity, solvency).
• Compare the ratios to industry benchmarks.
• Present the analysis in a detailed table format.
• Discuss the overall financial health of the company.
• Evaluate the company's financial strategy and suggest improvements.