Please solve all questions correctly and in order.

BALANCE SHEETS Auted Food Products Decem in millions of dollars) 375 515 315 415 2 Cash and equivalents Accounts receivable inventories Total current assets Nettant and equiment Total assets 000 870 60 30 60 580 750 ? Llabilities and Equity Accounts payable Accruali Nors payable Total current liabilities Long-term bonds Total tables Common stock (50,000,000 shares) Retained eaming Total common equity Total abilities and equity 130 810 750 2 2014 INCOME STATEMENTS - Allied Food Products Years Ending December 31 in millions of dollars) 2015 3.000 0 2,850.0 2.516.2 100.0 2,4970 90.0 Net sales Operating costs except depreciation and amortization Depreciation and amortization Earnings before interest and taxes (EBIT Less interest Earnings before taxes (EBT) Taxes 195.8 783 60.0 203.0 812 2 Not income Additional Data Year-end stock price Shares outstanding in millions) Tax rate 2015 $23 06 50 40% 2014 $26.00 50 40% 3. Calculate and interpret the Book Value per Share (BVPS) Did it improve from 2014 to 1. Fill in the empty cells 2. Calculate and interpret the Earnings per Share (EPS). Did it improve from 2014 to 2015? 2015? 4. Calculate and interpret liquidity ratios. Did it improve from 2014 to 2015? 5. Calculate and interpret the debt ratio. Did it improve from 2014 to 2015 6. Calculate and interpret the Average collection period. Did it improve from 2014 to 2015? 7. Calculate and interpret the Accounts Payable Deferral Did it improve from 2014 to 2015? & How does profitability of the company change from 2014 to 2015? Perform all necessary calculations 2015 2014 BALANCE SHEETS - Allied Food Products - December 31 (in Millions of dollars) Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets 10 376 615 7 30 315 415 7 1,000 2 870 2 30 139 50 140 110 ? 750 2 Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term bonds Total liabilities Common stock (50,000,000 shares) Retained earnings Total common equity Total liabilities and equity 60 7 580 ? 130 750 2 130 810 ? ? ? 2014 INCOME STATEMENTS - Allied Food Products - Years Ending December 31 (in millions of dollars) 2015 10,000.0 7,000.0 3,500.0 6,650.0 2,497.0 2,616.2 100.0 90.0 Sales Cost of Goods Sold Operating costs except depreciation and amortization Depreciation and amortization Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income ? 38.0 195.8 78.3 ? 7 50.0 203.0 81.2 ? Additional Data Year-end stock price Shares outstanding (in millions) Tax rato 2015 $23.06 50 40% 2014 $26.00 50 40% 1. Fill in the empty cells 2. Calculate and interpret the Earnings.per Share (EPS) Did it improve from 2014 to 2015? 3. Calculate and interpret the Book Value per Share (BVPS). Did it improve from 2014 to 2015? 4. Calculate and interpret liquidity ratios. Did it improve from 2014 to 2015? 5. Calculate and interpret the debt ratio. Did it improve from 2014 to 2015? 6. Calculate and interpret the Average collection period. Did it improve from 2014 to 2015? 7. Calculate and interpret the Accounts Payable Deferral. Did it improve from 2014 to 2015? 8. How does profitability of the company change from 2014 to 2015? Perform all necessary calculations