Reviewthe assigned MoserkCompany's financial statements.

Calculatethe financial ratios for the assigned company's financial statements.

Writea 350- to 700-word summary of your analysis.

• Explain the possible reasons for any differences between the company's ratios and those of the industry average.
• Compare the calculated financial ratios against the industry averages stating the possible reasons for the differences.

Showallfinancial calculations in a Microsoft Excel spreadsheet.

Format your paper consistent with APA guidelines.

\fFinancial Statements for Moserk Company Income Statement for year ending December 31st Year 20XX $119,299 Sales (Revenues) Costs and Expenses: Cost of Goods Sold Operating, selling and admin expenses Interest Costs: Debt Capital leases Total Costs and Expenses 93,438 9,358 555 229 103,580 15,719 Income Before Income Taxes 4,716 Taxes $11,003 Net Income ______________________________________________________________________________ Balance Sheetfor year ending December 31st 20XX Assets Current Assets: Cash and cash equivalents Receivables Inventories Prepaid expenses and other Total Current Assets Property, Plant and Equipment, net Property under Capital Lease, net Other Assets and Deferred Charges Total Assets Liabilities and Shareholders' Equity Current Liabilities: $1,447 976 16,497 432 19,352 21,469 2,137 2,426 $45,384 Total Current Liabilities Long-Term Debt Long-Term Obligations Under Capital Leases Deferred Income Taxes and Other Total Long-term Liabilities Total Liabilities Shareholders' Equity Private Common stock ($.10 par value; 2,241 issued and outstanding) Capital in excess of par value Retained earnings Total Shareholders' Equity Total Liabilities and Shareholders' Equity $14,460 7,191 2,483 809 $10,483 $24,943 $224 585 19,632 20,441 $45,384 Industry Average Ratios to be calculated (show work) Current Ratio Quick Ratio Gross Profit Margin Net Profit Margin Debt Ratio (Debt to assets) Debt Ratio (Debt to equity) Times Interest Earned ROA ROE 2.10 0.75 25.00% 10.00% 0.45 1.20 15.00 14.50% 28.75%