Financial statement needed in the question in the first picture is in picture 2
Look in your class handouts for Chapter 5 at the comparative financial statements on chapter 5 page 2. Using those financial statements, calculate the following ratios. Round final answers to 3 decimals such as 3.265 or 16.8% which would be the same as .168 . Please show vour work in the following format: Debt to Equity Total Stockholders' Equity $$830,000$755,000 a. Current ratio for year 5 and year 6 b. Inventory tumover ratio for year 5 and year 6 c. Long term debt ratio for year 5 and year 6 d. Asset turnover ratio for year 5 and year 6 . e. Return on COMMON equity for year 5 and year 6 assuming preferred dividends were $1,000 each year. f. Average collection period (days in receivables) for year 5 and year 6 . g. Assuming the financial statements used for the ratios above were for a retail clothing store, pick ONE item on the statements or one of the ratios calculated above and explain why it is a concern to you. h. Assuming financial statements used for the ratios above were for a retail clothing store, pick ONE item on the statements or one of the ratios calculated above and explain why you think it indicates good performance or a strong financial position. Financial Statement Anslysia Ixome flatenent lor the Yet: Salcs Cont of Geodis Solt Orass proft Operating Expenar: Wiges Depraciaboe Rent Anonizztion Incorte From Oposation Oner Reverwes (ake Rent Revesue) Oner Expenses inverst tipense Less on Sale of Assets Incent Befort Insome Taxes Incent Teves Nre Irsome Balance Steet a of Decemter 31 Auets Cugent Aknet Cach Tache Secierites Aqeoums Receivable Nlowance for Douteful Acoosera Merchandise imemin? Total Curere Aract: lneestrerres and Funds Avalablt for Salt Secuntiea Intld to Maturiy Seourities Bond Sirking Find Tetal towestrera and Fund Fied Anets Lind Buildes Adcumulited Defreciatice + Beleies Equipmeet Aacumulaed Deprecialien - Equpnent Toeal Foud Auses Inanpble Awets Pueng Faschise Goedvin Tera' Intreglile Assets Tocal Asses Liablintes Currete Lubinities Accounts Payable Wages Payble Latriez Pryale Unearned Revenues Total Conera Lieb-lities NonCumen Liabilitica Mortere Note Pryalle Bosds fayable Premium on Bsods Payable Toal NonCurrent Liabilities Toral Libilitien Stocklholders Esuity Paid in Capieal Freferied Siock Prid in Casial in frects of Py - Pre lerred Common Slock Totel Prid in Cepilel Aceundated Other Comprehesthe Incane Unvraliard Ceirs en Long Term Lnarimens Retuined Eunings Treanin Slock Total Stockholders Equity Tocal Listiliter \& Stocitholber Equity went 4 $4000000 vars 200000150,000 200,0001500,000 Yeart Verer Year 5 veurs 21000 19.000 10000 (12000) 230000 5355 ose \begin{tabular}{rr} 24,000 & 26,000 \\ 10,000 & 10,000 \\ 10,000 & 105000 \\ \hline \end{tabular} 50,000 50,000 120,000 (100,000) 210,090 160,009 ) 200 10,000 110.00 11,0000016000=3150000197000 \begin{tabular}{rr} 580,000 & 54,000 \\ 10,000 & 7,000 \\ 5,000 & 12,000 \\ 7,000 & 5,000 \\ \hline \end{tabular} 60,000200,00010,000 32000270,000 465000360000 sin,0003,0006,0001000 55000 50,000 J) 10,900 25000 4.006 4:000 (150.000) ins oon 125900 16, 000 1600 sen000 150000 31,1800012400 515,006 31,16000 51000000678000=51200000755000 (12.000) 5100000067.000 11000 31,000 230,000 12,000 352,900253,000 20,0002,000150,000250,00042,00011,000200,000642,000(12,000) Depinnirg Delinct of knviet Eamues * Ner incogne foe the Yez - Dividendi Deciesed surive the Year Look in your class handouts for Chapter 5 at the comparative financial statements on chapter 5 page 2. Using those financial statements, calculate the following ratios. Round final answers to 3 decimals such as 3.265 or 16.8% which would be the same as .168 . Please show vour work in the following format: Debt to Equity Total Stockholders' Equity $$830,000$755,000 a. Current ratio for year 5 and year 6 b. Inventory tumover ratio for year 5 and year 6 c. Long term debt ratio for year 5 and year 6 d. Asset turnover ratio for year 5 and year 6 . e. Return on COMMON equity for year 5 and year 6 assuming preferred dividends were $1,000 each year. f. Average collection period (days in receivables) for year 5 and year 6 . g. Assuming the financial statements used for the ratios above were for a retail clothing store, pick ONE item on the statements or one of the ratios calculated above and explain why it is a concern to you. h. Assuming financial statements used for the ratios above were for a retail clothing store, pick ONE item on the statements or one of the ratios calculated above and explain why you think it indicates good performance or a strong financial position. Financial Statement Anslysia Ixome flatenent lor the Yet: Salcs Cont of Geodis Solt Orass proft Operating Expenar: Wiges Depraciaboe Rent Anonizztion Incorte From Oposation Oner Reverwes (ake Rent Revesue) Oner Expenses inverst tipense Less on Sale of Assets Incent Befort Insome Taxes Incent Teves Nre Irsome Balance Steet a of Decemter 31 Auets Cugent Aknet Cach Tache Secierites Aqeoums Receivable Nlowance for Douteful Acoosera Merchandise imemin? Total Curere Aract: lneestrerres and Funds Avalablt for Salt Secuntiea Intld to Maturiy Seourities Bond Sirking Find Tetal towestrera and Fund Fied Anets Lind Buildes Adcumulited Defreciatice + Beleies Equipmeet Aacumulaed Deprecialien - Equpnent Toeal Foud Auses Inanpble Awets Pueng Faschise Goedvin Tera' Intreglile Assets Tocal Asses Liablintes Currete Lubinities Accounts Payable Wages Payble Latriez Pryale Unearned Revenues Total Conera Lieb-lities NonCumen Liabilitica Mortere Note Pryalle Bosds fayable Premium on Bsods Payable Toal NonCurrent Liabilities Toral Libilitien Stocklholders Esuity Paid in Capieal Freferied Siock Prid in Casial in frects of Py - Pre lerred Common Slock Totel Prid in Cepilel Aceundated Other Comprehesthe Incane Unvraliard Ceirs en Long Term Lnarimens Retuined Eunings Treanin Slock Total Stockholders Equity Tocal Listiliter \& Stocitholber Equity went 4 $4000000 vars 200000150,000 200,0001500,000 Yeart Verer Year 5 veurs 21000 19.000 10000 (12000) 230000 5355 ose \begin{tabular}{rr} 24,000 & 26,000 \\ 10,000 & 10,000 \\ 10,000 & 105000 \\ \hline \end{tabular} 50,000 50,000 120,000 (100,000) 210,090 160,009 ) 200 10,000 110.00 11,0000016000=3150000197000 \begin{tabular}{rr} 580,000 & 54,000 \\ 10,000 & 7,000 \\ 5,000 & 12,000 \\ 7,000 & 5,000 \\ \hline \end{tabular} 60,000200,00010,000 32000270,000 465000360000 sin,0003,0006,0001000 55000 50,000 J) 10,900 25000 4.006 4:000 (150.000) ins oon 125900 16, 000 1600 sen000 150000 31,1800012400 515,006 31,16000 51000000678000=51200000755000 (12.000) 5100000067.000 11000 31,000 230,000 12,000 352,900253,000 20,0002,000150,000250,00042,00011,000200,000642,000(12,000) Depinnirg Delinct of knviet Eamues * Ner incogne foe the Yez - Dividendi Deciesed surive the Year