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i need help with question 3, see data belon the question 3. [Financial Statements and Ratios) Bike-With-Us Corporation, a specialty bicycle parts replacement venture, was

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3. [Financial Statements and Ratios) Bike-With-Us Corporation, a specialty bicycle parts replacement venture, was started last year by two former professional cyclists who had substantial competitive racing experience, including the Tour de France. The two entrepre- neurs borrowed $50,000 from members of their families, and each put up $30,000 in equity capital. Retail space was rented, and $60,000 was spent for fixtures and store equipment. Following is the abbreviated income statement and balance sheet information for the Bike With-Us Corporation after one year of operation. Chapter 5 Evaluating Operating and Financial Performance BIKE-WITH-US CORPORATION Sales $325,000 Operating costs 285,000 Depreciation 10,000 Interest 5,000 Taxes 6,000 Cash $1,000 Receivables 30,000 Inventories 50,000 Fixed assets, net 50,000 Payables 11,000 Accruals 10,000 Long-term loan 50,000 Stockholders'equity 60,000 A. Prepare an income statement and a balance sheet for the Bike-With-Us Corporation using only the information provided above. B. Calculate the current ratio, quick ratio, and NWC-to-total-assets ratio. C. Calculate the total-debt-to-total-assets ratio, debt-to-equity ratio, and interest coverage. D. Calculate the net profit margin, sales-to-total-assets ratio, and the return on assets. E. Calculate the equity multiplier. Combine this calculation with the calculations in Part D to show the ROE model with its three components. toment data for the Bike-With-Us Corporation

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