Stop loading this page balance sheet and income statement is listed below. This Last Year 1. 2. Balance Sheet Year 3. 4. Cash Accounts receivable Inventories Plant & equipment Other data: Less accumulated depreciation Total assets Mortgage payable Common stock Retained earnings Total liabilities and equity Income Statement . Accounts payable Accrued liabilities Net Sales Cost of goods sold Gross profit Operating expenses Operating income Interest expense Profit before taxes Taxes Net income Last Year 50,000 80,000 180,000 300,000 -40,000 570,000 100,000 70,000 80,000 130,000 190,000 570.000 Cash dividends paid this year were $21,000. The change in accumulated depreciation account is the depreciation for the year. Answer the following five questions pertaining to the OG Corporation and be specific. This Year 680,000 410.000 270,000 190,000 80,000 7,000 Prepare a common size vertical analysis of OG's balance sheet in good form. Round percentages to one decimal place. 73,000 22.000 51,000 Prepare a common size vertical analysis of OG's income statement and reconcile the retained earnings account. Round percentages to one decimal place. Prepare the current year statement of cash flows for OG Corporation using the indirect method and reconcile the cash account. (5 points) Based on the financial statements prepared in questions (1) and (2), calculate the efficiency ratios, liquidity ratios, leverage ratios, and profitability ratios for OG Corporation for this year. Where data is available, also calculate ratios for last year. Use a 360-day year. All sales are on credit to business customers. Assume an income tax rate of 30 percent. (7 points) Based upon your answers to parts (1) through (4) would you provide a credit line to this company? Support your decision by refere 40,000 60,000 110,000 260,000 -20,000 450,000 150,000 50,000 90,000 160,000 450,000 600,000 330.000 270,000 192,000 78,000 2,000 76,000 22,800 53,200