Suppose a Company provides the following data:

issues common stock in exchange for $150,000 at the start of January, its first month of operations. It purchases $25,000 raw materials on account that are then immediately transferred into production and spends $80,000 where it has in direct labor costs. It transfers 200 units costing $21,000 into finished goods and sells 150 for $22,000 on account. The Company collects $7,000 by the end of the month where it expects 10 percent of its ending accounts receivable balance will not be collected.

Identify cash flows from operating, investing, and financing activities for the month of January, as well as ROA, the current ratio work in process inventory.

Then in the next month, the Company paid the supplier for the raw materials purchased in January, collects $10,000 from January's sales, and writes off $800 of receivables from the January month. It purchases $15,000 raw materials on account that are immediately transferred into production and spends another $80,000 in direct labor costs during the month. It transfers 800 units costing $88,000 into finished goods and sells 820 for $115,000, none on account. The Company uses the LIFO cost flow assumption.

Calculate the quick ratio and total equity as of the end of February, and the profit margin, inventory turnover, and cash flow from operations for just the month of February.