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Please ignore my solution, I need the ratios and anlysis 32) Given the following balance sheet, income statement, historical ratios and industry averages, calculate the

Please ignore my solution,
I need the ratios and anlysis image text in transcribed
image text in transcribed
32) Given the following balance sheet, income statement, historical ratios and industry averages, calculate the Pulp, Paper, and Paperboard, Inc. financial ratios for the most recent year. Analyze its overall financial situation for the most recent year. Analyze its overall financial situation from cross-sectional and time-series viewpoint. Break your analysis into an evaluation of the firm's liquidity, activity, debt, and profitability. Income Statement Pulp, Paper, and Paperboard, Inc. For the Year Ended December 31, 2013 Sales revenue Less: Cost of goods sold CLS $2,080, 976 Gross profits Less Operating expenses $ 379,976 -273846 $ 106,130 -Operating profits Less: Interest expense Net profits before taxes 34 52100 Less: Taxes (40%) 24 Net profits after taxes Balance Sheet Pulp, Paper, and Paperboard, Inc. December 31, 2013 Assets Aveses 95,000esstreday Cash Accounts receivable Inventories 570 I, 30 Total current assets 500,000 Gross fixed assets Less: Accumulated depreciation Net fixed assets Current liabilities s 89,000 Accounts payable Notes payable Accruals 169,000 $ 345,000 533,000 255,000 lA Total current liabilities Long-term debt Total liabilities ?2-10 Retained earrings Total stockholders' equity Total labilities and stockholderss equity 2e8s 976

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