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I need a better understanding of the bullet points analyzing these imagine. In your summary, discuss the following: Whether the firm is financially strong. What

I need a better understanding of the bullet points analyzing these imagine.

In your summary, discuss the following:

  • Whether the firm is financially strong.
  • What they have more of (assets or liabilities).
  • Whether or not they are generating income.
  • The results of their financial ratios.
  • Whether or not you would invest in this company.

image text in transcribedimage text in transcribedimage text in transcribed
Revenues Rent Revenue Sales Revenue Total Revenues Expenses Auto Expense Telephone Expense Office Expense Supplies Expense Utilities Expense Total Expenses Net Proft "I-JU'IU'l-PLUJNl-'D Frozen Fractals Corp. Income Statement For the year ended December 31, 2016 s 41,000.00 $ 3,500.00 s 9,400.00 5 5,100.00 $ 4,000.00 s 2,500.00 5 3,500.00 s 49, 500.00 S 25,600.00 5 23,900.00 Frozen Fractals Corp. Statement of Owners' Equity For the year ended December 31, 2016 Beginning balance od Jacqueline Elise, Capital $ 73,200.00 Net profit during the year $ 23,900.00 Jacqueline Elise, Drawing $ (3,000.00) Ending Balance of Jacqueline Elise, Capital $ 94,100.00Balance Sheet 31-Dec-16 Assets Cash $ 61,000.00 Accounts Receivable $ 4,100.00 Land $ 27,000.00 Furniture $ 8,000.00 Total Assets $ 100,100.00 Liabilities Account Payable $ 6,000.00 Total Liabilities $ 6,000.00 Owners' Equiry Jacqueline Elise, Capital $ 94,100.00 Total Liabilities and Owners' Equity $ 100,100.00

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