1. Lambda Construction Ltd.

Scenario: Financial Reporting Analysis

Financial Statement Details:

• Income Statement:
  • Net Sales: $2,000,000
  • Cost of Goods Sold: $1,200,000
  • Operating Expenses: $500,000

• Balance Sheet:
  • Total Assets: $5,000,000
  • Total Liabilities: $2,000,000
  • Shareholders' Equity: $3,000,000

Requirements:

• Analyze Lambda Construction Ltd.'s financial performance using ratio analysis. Calculate profitability, liquidity, and solvency ratios and present them in a comparative table format.