I have an Accouting Case Study for my MBA. I have answered the first part of the question (financial statement) in the attached picture. Now, I need your help to Analyze and critique financial statements, and use ratio analysis to propose recommendations to improve the financial health of a business.

Mccaffery Industries Yearly Ledger Changes Income Statement Account 2018 2019 Account 2018 2019 Cash $60,000) $210,000 Revenue 50 $2,250,000 Inventory $625,000 ($250,000) COGS 50 $1,700,000 Annual Bank loan Interest Expense $5,000 $5,000 Gross Profit 60 $550,000 Accounts Payable $0 $30,000 Operating Expenses 230,000 525,000 Common Stock $750,000 $0 EBITDA ($230, 000) $25,000 Revenue 50 $2,250,000 Interest Expense $5,000 $5,000 COGS $0 $1,700,000 Operating Profit or EBIT ($235, 000) $20,000 Operating Expenses $230,000 $525,000 Net Income ($235,000) $20,00 Bank loan Payable $50,000 Accounts Receivables $0 $90,000 Total $1,600, 000 $4,560,000 Balance Sheet Account 2018 2019 ASSETS Cash Flow Statement Cash ($60,000) $150,000 Account 2018 019 Inventory $625,000 $375,000 $90,000 Net Income $235,000) $20,000 Accounts Receivables $0 Change in Inven $625,000) $250,000 Total Assets $565,000 $615,000 Change in Acco $30,000 Change in Accounts Receivables $0 ($90,000) LIABILITIES Total Operating Cash Flows ($860,000) $300,000 Accounts Payable $0 $30,000 Bank loan Payable $50,000 $50,000 Total Investing Cash Flows 50 50 Total Liabilities $50,000 $80,000 Change in Common Stock $750,000 $0 EQUITY Change in Bankloan $50,000 60 Stock $750000 750000 Total Financing Cash Flows $800,000 60 Retained Earnings ($235,000) ($215,000) Total Equity $515,000 $535,000 Total Cash Flows ($60, 000) $210,000 Beginning Cash $0 ($60,000) Total Liabilities and Equity $565,000 $615,000 Ending Cash ($60, 000) $150,000