Financial Statement Details:

• Income Statement:
  • Net Sales: $7,000,000
  • Cost of Goods Sold: $4,000,000
  • Operating Expenses: $2,000,000
• Balance Sheet:
  • Total Assets: $12,000,000
  • Total Liabilities: $5,000,000
  • Shareholders' Equity: $7,000,000

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 table format.