I need help to make the following corrections to my paper.

You have one item to correct to tie out the Cash Flow Statement.

Change the Increase in Inventory to be a negative $100,000, not positive $100,000. Then, you will have Net Cash Flows from Operating Activities being $+225,000 and Net Cash used in Investing Activities of $-250,000, which combines to reflect a decrease of $25,000 as the Net Decrease in Cash Flows for the year.

Profit Margin-This ratio is correct.

Current Ratio is $1,115,000 / $710,000 = 1.57 for 2011. For 2010, it is $970,000 / $655,000 = 1.48.

Receivable Turnover is $3,300,000/$425,000 for 7.76 in 2011. In 2010, it is $3,600,000/$350,000 = 10.29.

Inventory Turnover is $3,600,000/$450,000 = 8 for 2010. For 2010, it was $3,300,000 / $550,000 = 6.

Return on Assets calculations are all correct.

Your report is good overall. Nice work. A/R and Inventory ratios are going down. Not a good thing. Customers are paying slower, and Inventory might be outdated.