Jamison must prepare an analysis of where the company is now, what it must do to regain its financial health, and what actions should be taken. Your assignment is to help her answer the following questions. Provide clear explanations, not yes or no answers.$*$ A$.$ Why are ratios useful? What are the five major categories of ratios?$*$ B$.$ Calculate D'Leon's $2016$ current and quick ratios based on the projected balance sheet and income statement data. What can you say about the company's liquidity positions in $2014,$ in $2015,$ and as projected for $2016?$ We often think of ratios as being useful $(1)$ to managers to help run the business, $(2)$ to bankers for credit analysis, and $(3)$ to stockholders for stock valuation. Would these different types of analysts have an equal interest in the company's liquidity ratios? Explain your answer.$*$ C$.$ Calculate the $2016$ inventory turnover, days sales outstanding $($DSO$),$ fixed assets turnover, and total assets turnover. How does D'Leon's utilization of assets stack up against other firms in the industry?$*$ D$.$ Calculate the $2016$ debt$-$to$-$capital and times$-$interest$-$earned ratios. How does D'Leon compare with the industry with respect to financial leverage? What can you conclude from these ratios?$*$ E$.$ Calculate the $2016$ operating margin, profit margin, basic earning power $($BEP$),$ return on assets $($ROA$),$ return on equity $($ROE$),$ and return on invested capital $($ROIC$).$ What can you say about these ratios?$*$ F$.$ Calculate the $2016$ price$/$earnings ratio and market$/$book ratio. Do these ratios indicate that investors are expected to have a high or low opinion of the company?$*$ G$.$ Use the DuPont equation to provide a summary and overview of D'Leon's financial condition as projected for $2016.$ What are the firm's major strengths and weaknesses?$*$ H$.$ Use the following simplified $2016$ balance sheet to show, in general terms, how an improvement in the DSO would tend to affect the stock price. For example, if the company could improve its collection procedures and thereby lower its DSO from $45\mathrm{.}6$ days to the $32-$day industry average without affecting sales, how would that change "ripple through" the financial statements $($shown in thousands below$)$ and influence the stock price?Accounts receivable$ $878$Current liabilities$ $845$Other current assets$1,802$Debt$700$Net fixed assets$817$Equity$1,952$Total assets$$3,497$Liabilities plus equity$$3,497*$ I. Does it appear that inventories could be adjusted? If so$,$ how should that adjustment affect D'Leon's profitability and stock price?$*$ J$.$ In $2015,$ the company paid its suppliers much later than the due dates; also, it was not maintaining financial ratios at levels called for in its bank loan agreements. Therefore, suppliers could cut the company off, and its bank could refuse to renew the loan when it comes due in $90$ days.On the basis of data provided, would you, as a credit manager, continue to sell to D'Leon on credit? $($You could demand cash on deliverythat is$,$ sell on terms of CODbut that might cause D'Leon to stop buying from your company.$)$ Similarly, if you were the bank loan officer, would you recommend renewing the loan or demanding its repayment? Would your actions be influenced if$,$ in early $2016,$ D'Leon showed you its $2016$projections along with proof that it was going to raise more than $$1\mathrm{.}2$million of new equity?$*$ K$.$ In hindsight, what should D'Leon have done in $2014?*$ L$.$ What are some potential problems and limitations of financial ratio analysis?$*$ m$.$ What are some qualitative factors that analysts should consider when evaluating a company's likely future financial performance? I couldnt figure out how to post many photos so i put them all in one. This is balance sheet, income statment, rario analysis for years $2014,2015,2016.$ I want xomplete answers and work if possible, and im unsure of how to send more info if needed so if you can help and leave a note about that