Rocklin Granite, Inc. Balance Sheets (5000) December 31 2017 2016 2018 Assets Current assets Cash Accounts receivable Inventories Prepaid expenses Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Intangible assets All other noncurrent assets Total Assets 1.512 6,237 4,536 3.780 16,065 6,300 2.050 4,250 567 1,323 22.205 1,176 10,271 7,838 5.140 24 425 9,080 2.958 6,122 588 1.790 32.925 1,097 15,919 12,570 6840 36,426 12,918 4.250 8,668 605 1,985 47.684 Liabilities and Stockholders Equity Current liabilities Notes payable Current maturities.-L.T.D. Accounts payable Income taxes payable Accruals Total current liabilities Long-term debt Total Liabilities Stockholder's equity Common stock Paid-in capital Retained earnings Total stockholders' equity Total liabilities & equity Market price per common share 1,205 1,008 3,570 84 1.995 7,862 2.940 10.802 1,243 1,460 5,958 336 3.360 14,357 6.100 20,457 6,323 2,246 9,955 336 5,016 23,876 9.350 33.226 3,360 2,100 5.943 11.403 22205 3,360 2,100 7.008 12.468 32.925 3,360 2,100 8998 14.458 47,684 17.25 17.71 18.43 Rocklin Granite Inc. Income Statements (5000) 2016 2017 2018 50,400 35.431 14.969 65,100 45.872 19.228 81,312 57.098 24,214 17.296 Sales revenue Less: Cost of goods sold Gross profit Less: Operating expenses Gen, & Adm. and Selling Depreciation Total operating expense Operating income (EBIT) Less: Interest expense Earnings before taxes (EBT) Less: Income taxes (34%) Net income 12,331 610 12.961 2,008 335 1,673 15,099 209 16.07 3.221 756 2,465 818 182388 5.6.26 4,283 1.456 2827 L.101 Dividends paid 837 Number of shares inued and outstanding in 20016-IN: 1,120,000 widy 21 dl pirat hour Please complete a financial analysis and call out at least 5 areas you would want to do additional research on and support your answer with financial analysis reasoning. You can use Vertical Trend or Ratio analysis to support your answer. Rocklin Granite, Inc. Balance Sheets (5000) December 31 2017 2016 2018 Assets Current assets Cash Accounts receivable Inventories Prepaid expenses Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Intangible assets All other noncurrent assets Total Assets 1.512 6,237 4,536 3.780 16,065 6,300 2.050 4,250 567 1,323 22.205 1,176 10,271 7,838 5.140 24 425 9,080 2.958 6,122 588 1.790 32.925 1,097 15,919 12,570 6840 36,426 12,918 4.250 8,668 605 1,985 47.684 Liabilities and Stockholders Equity Current liabilities Notes payable Current maturities.-L.T.D. Accounts payable Income taxes payable Accruals Total current liabilities Long-term debt Total Liabilities Stockholder's equity Common stock Paid-in capital Retained earnings Total stockholders' equity Total liabilities & equity Market price per common share 1,205 1,008 3,570 84 1.995 7,862 2.940 10.802 1,243 1,460 5,958 336 3.360 14,357 6.100 20,457 6,323 2,246 9,955 336 5,016 23,876 9.350 33.226 3,360 2,100 5.943 11.403 22205 3,360 2,100 7.008 12.468 32.925 3,360 2,100 8998 14.458 47,684 17.25 17.71 18.43 Rocklin Granite Inc. Income Statements (5000) 2016 2017 2018 50,400 35.431 14.969 65,100 45.872 19.228 81,312 57.098 24,214 17.296 Sales revenue Less: Cost of goods sold Gross profit Less: Operating expenses Gen, & Adm. and Selling Depreciation Total operating expense Operating income (EBIT) Less: Interest expense Earnings before taxes (EBT) Less: Income taxes (34%) Net income 12,331 610 12.961 2,008 335 1,673 15,099 209 16.07 3.221 756 2,465 818 182388 5.6.26 4,283 1.456 2827 L.101 Dividends paid 837 Number of shares inued and outstanding in 20016-IN: 1,120,000 widy 21 dl pirat hour Please complete a financial analysis and call out at least 5 areas you would want to do additional research on and support your answer with financial analysis reasoning. You can use Vertical Trend or Ratio analysis to support your