step by step

I. Resolve the ratios listed on table A for each year (2022 \& 2023): a. For each ratio includes the math computes for (2022& 2023) b. Fill XYZ Tech Solutions Ratio Analysis Table A (grey area). (2022 \& 2023) II. Perform the following Analysis: a. Explain each ratio results for 2023 only. b. Compare each ratio performance with the previous year results (compare 2023 results with 2022 results) c. Compare each Ratio results for 2023 with their respective Industry average. III. Based on the previous results, evaluates, and explain the Company financial position using the following questions: 1. How liquid is the firm? 2. Is management generating adequate operating profits on the firm's assets? 3. How is the firm financing its assets? 4. Are the owners (stockholders) receiving an adequate return on their investment? Analysis of Financial Statements (Financial Ratios) XYZ Tech Solutions Comparative Income Statement (in million For the Year ended December 31, 2023 Assume EBIT of \$85M for 2022 and \$90M for 2023