Hello. I would be wondering if you will help be out with answering to any 4 out of 7 questions below. I only need 4 answers, there is no need to answer all 7. I would be grateful if you will help me within 1.5 hours, since there is less than 2 hours before submission left. I believe in power of Heroes here. Thank you even for taking a look to my issue <3

1.Why there is a need to reformulate Income Statement? Why can't financial managers with challenging approach to use in financial analysis directly use reported Income Statement?

2.Why there is a need to reformulate Balance Sheet? Why can't financial managers with challenging approach to use reported Balance Sheet in financial analysis directly?

3.Why there is a need to reformulate Statement of Shareholders Equity? Why can't financial managers with challenging approach to use reported Statement of Shareholders Equity in financial analysis directly?

4.Why there is a need to reformulate Statement of Cash Flows? Why can't financial managers with challenging approach to use reported Statement of Statement of Cash Flows in financial analysis directly?

5.FLEV vs D/E ratios Which one of these ratios is used by financial managers with challenging approach and Why? Operating and Financial activities are mixed in D/E and the like ratios

6.ROCE = Comp Inc/ CSE vs ROE = Net Inc/Total Equity ratios Which one of these ratios is used by financial managers with challenging approach and Why? Operating and Financial activities are mixed in D/E and the like ratios

7.RNOA = Oper Inc/ NOA vs ROA = Net Inc/Total Assetsratios Which one of these ratios is used by financial managers with challenging approach and Why? Operating and Financial activities are mixed in D/E and the like ratios