Spartan Enterprises, Inc Trial Balance Fiscal Year Ended November 30, 2022 Notes 1 Accounts Recelvable at the beginning of the year were $350,000 2 Ail Sales Revenue was on account. 3 inventory at the beginning of the fiscal year was $235,000. 4 None of the Bonds Payable will mature within the next 12 months. Required: A) Prepare at FYE a multiple-step income Statement, Statement of Retained Eamings. and a Balance Sheet. D) Caicualte and present in proper form the following ratios: 1) The Current Ratio ii) The Quick Ratio (aka the Acld Test) ii) Return on Assets (use ending assets only in the demonmir ator) W) Ketum on Equity (use ending equilty only in the demonminator) v) The Accounts Recelvable Tumover vi) Days in Accounts Receivable viej The inventory Tumover vilj Days in inventory C) Write up your condusions regarding the above ratio analvis Do you consider each ratio to be favorable or not. Provide vour thoughts regarding each individual ratio and the overall conclusion on the health of this company considering the financials taken as a whole. Fully develop your thoughts in this regard