MBAC 6450, Case Study #5 name Understanding the relationships between accounting documents and financial statements is important in assessing profitability, efficiency, productivity and investments. Good decisions are best made with good information. One must have confidence in their assumptions. And since clairvoyance of the future is never possible, one should have contingencies when things go awry. Knowing "what effects what," and the linkages between financial documents allows one to fill in the blanks and tell more complete stories as well as better and more accurately assess financial health. So, on the back are partially completed financial statements (balance sheets [2 for each business], statements of cash flows, income statement and statement of shareholder's equity) for three businesses, with just enough information provided for you to complete the financial statements by filling in the missing numbers before responding to the three questions below. a) Given the information provided and that you have added, which of the three firms become "more liquid" during the most recent year? How did you reach this conclusion? b) Given the information provided and that you have added, which of the three firms became "less solvent" during the most recent year? How did you reach this conclusion? c) Using your best prose, please summarize each of the businesses most recent year. Did they "do well" or did they "not do well?" Assess as you are able.