Please answer all questions in REPORT format for thumbs up

The financial statements for Gelato Industries are as follows:

a) Calculate the following financial ratios for 2015 and 2014

b) Evaluate the firms financial position at the end of 2014 in terms of its liquidity, capital structure, asset management efficiency and profitability.

c) At the end of 2015, the firm has 5000 ordinary shares outstanding, selling for $15 each. What were the firms (i) earnings per share, (ii) priceearnings ratio, and (iii) market-to-book ratio?

d) Describe your observations about the financial condition and performance of Gelato Industries from your answers to (a) (b) and (c).

Gelato Industries Balance Sheets for December 31, 2014 and 2015 2114 Current assets Cash Accounts receivable Inventories Total current assets 6500O11,250G0 20.8EOLC015,625.00 59,1500O36,25GO 80,600.00 63,125.00 Non-current assets Land Buildings and equipment Less: Aco Tmulated depreciation Total non-current assets Total assets 33,8ELCO25,00ali 130,GCOC087,50OC 49,400.00 | 35,000.00 114,400.00 77,500.00 195,000.00 140,625.00 Non-current liabilities Accounts payable Short-tem bank notes Total current liabilities Long-term debt Total liabilities 28,60LCO13,12iCo 61,1000o 21,250L0O 89,700.00 34,375.00 9,835.0035,9380O 119,535.00 70,313.00 Shareholders' equity Ordinary shares Retained eamings Total shareholders' equity Total liabilities and shareholders' equity 195,000.00 140,625.00 40,9500039,374 00 34,515.CO30,93800 75,465.00 70,312.00 Gelato Industries Balance Sheets for December 31, 2014 and 2015 2114 Current assets Cash Accounts receivable Inventories Total current assets 6500O11,250G0 20.8EOLC015,625.00 59,1500O36,25GO 80,600.00 63,125.00 Non-current assets Land Buildings and equipment Less: Aco Tmulated depreciation Total non-current assets Total assets 33,8ELCO25,00ali 130,GCOC087,50OC 49,400.00 | 35,000.00 114,400.00 77,500.00 195,000.00 140,625.00 Non-current liabilities Accounts payable Short-tem bank notes Total current liabilities Long-term debt Total liabilities 28,60LCO13,12iCo 61,1000o 21,250L0O 89,700.00 34,375.00 9,835.0035,9380O 119,535.00 70,313.00 Shareholders' equity Ordinary shares Retained eamings Total shareholders' equity Total liabilities and shareholders' equity 195,000.00 140,625.00 40,9500039,374 00 34,515.CO30,93800 75,465.00 70,312.00