Suppose you are interested in evaluating ABC company's financial performance during 2019 and 2020. Use the information provided on the excel sheet to answer the following questions. 1. Prepare the company's Balance sheet and Income Statement during 2019 and 2020. (3 marks) 2. Prepare the company's cash flow statement for the year 2020. (2 marks) 3. Calculate the financial ratios for the company in 2019 and 2020. (2 marks) Note: Purchases were %70 of the cost of goods sold in both years. Pantalla 21 A collectie period Attura Dichte Deity at Timur creare magie per pergi MON NCH 4. Analyze the company's overall financial situation from a time series viewpoint. (2 marks) 5. Compile the Proforma Income statement for the year 2020 using percent of sales method. (1 mark) 11 JAWWAL 10:26 PM Done PROJECT+FINN1300+ Information for the year 2020 Market 100 Accounts Rewable 10,000.00 Number of states and 100 Ethereum Propert. Planet 13.00 Mary 70/0 Votect 120,000.00 Past in capital casofar valer tar valor de Information for the year 2019 Marie Sewe I Acco Tvetery M. Nebet had 120.000 Other com 10.000.00 Propert. Med 400.000 Machinery 30,000.00 Fuma 15.000 Vehicles 10 in capital med parvah Par value Nors payable My M Logo . Sherler 20.000 Duvidende IK Cash 000 Me 300000 Sales 100 Selling op Composed 44000 Read developerent expense 3 General live expense Inresponse 16.000 Tare po Beginning balance of 717 000 00 25 A y Short form Tidende Cal A Sale Tape Selling Costel Rewahan devlet Kineral and expert C SO 2010 000.00 30.000 40.000 10.000.00 39 45.000 Begin lide detained can Suppose you are interested in evaluating ABC company's financial performance during 2019 and 2020. Use the information provided on the excel sheet to answer the following questions. 1. Prepare the company's Balance sheet and Income Statement during 2019 and 2020. (3 marks) 2. Prepare the company's cash flow statement for the year 2020. (2 marks) 3. Calculate the financial ratios for the company in 2019 and 2020. (2 marks) Note: Purchases were %70 of the cost of goods sold in both years. Pantalla 21 A collectie period Attura Dichte Deity at Timur creare magie per pergi MON NCH 4. Analyze the company's overall financial situation from a time series viewpoint. (2 marks) 5. Compile the Proforma Income statement for the year 2020 using percent of sales method. (1 mark) 11 JAWWAL 10:26 PM Done PROJECT+FINN1300+ Information for the year 2020 Market 100 Accounts Rewable 10,000.00 Number of states and 100 Ethereum Propert. Planet 13.00 Mary 70/0 Votect 120,000.00 Past in capital casofar valer tar valor de Information for the year 2019 Marie Sewe I Acco Tvetery M. Nebet had 120.000 Other com 10.000.00 Propert. Med 400.000 Machinery 30,000.00 Fuma 15.000 Vehicles 10 in capital med parvah Par value Nors payable My M Logo . Sherler 20.000 Duvidende IK Cash 000 Me 300000 Sales 100 Selling op Composed 44000 Read developerent expense 3 General live expense Inresponse 16.000 Tare po Beginning balance of 717 000 00 25 A y Short form Tidende Cal A Sale Tape Selling Costel Rewahan devlet Kineral and expert C SO 2010 000.00 30.000 40.000 10.000.00 39 45.000 Begin lide detained can