For questions 1,2 , and 3 consider the following balance sheet and income statement of Giobal Conglomerate. Question 1 a) Determine the common-size income statement for 2015 and interpret. b) How the common-size balance sheet is determined? c) Determine the networking capital for year 2015 and interpret. Question 2: Determine the following ratios for year 2015. a) Determine the current ratio and interpret. b) Determine the days' sales in receivables and interpret. c) Determine the times interest eamed ratio and interpret. d) Determine the profit margin and interpret. e) Can a firm profit by lowering its sales (price) and the its profit margin? f) Determine the ROE in two way (one by using the Du Pont identity). For questions 1,2 , and 3 consider the following balance sheet and income statement of Giobal Conglomerate. Question 1 a) Determine the common-size income statement for 2015 and interpret. b) How the common-size balance sheet is determined? c) Determine the networking capital for year 2015 and interpret. Question 2: Determine the following ratios for year 2015. a) Determine the current ratio and interpret. b) Determine the days' sales in receivables and interpret. c) Determine the times interest eamed ratio and interpret. d) Determine the profit margin and interpret. e) Can a firm profit by lowering its sales (price) and the its profit margin? f) Determine the ROE in two way (one by using the Du Pont identity)