Suppose you are interested in evaluating Luther Corporation Given the corporation's income statement and balance sheet answer the following questions: 115 Calculate the Luther Corporation financial ratios for the years 2018 and 2019. (10 marks) Analyze the overall financial situation from a time-series viewpoint. Break your analysis into an evaluation of the firm's liquidity, activity, deht, and profitability. (4 marks) Prepare the cash flow statement for Luther Corporation for the year ended December 31" 2019 using the indirect method. Note:Luther Corporation has not paid any dividends in the year 2019. (7 marks) Luther Corporation estimates its sales for the 2020 financial year will be $700 million. No new borrowing was obtained and therefore, the interest expense will remain unchanged S25.1 million during 2020. Compile the Proforma Income statement for Luther Corporation for the year 2020 using percent of sales method. (9 marks) Suppose you are interested in evaluating Luther Corporation Given the corporation's income statement and balance sheet answer the following questions: 115 Calculate the Luther Corporation financial ratios for the years 2018 and 2019. (10 marks) Analyze the overall financial situation from a time-series viewpoint. Break your analysis into an evaluation of the firm's liquidity, activity, deht, and profitability. (4 marks) Prepare the cash flow statement for Luther Corporation for the year ended December 31" 2019 using the indirect method. Note:Luther Corporation has not paid any dividends in the year 2019. (7 marks) Luther Corporation estimates its sales for the 2020 financial year will be $700 million. No new borrowing was obtained and therefore, the interest expense will remain unchanged S25.1 million during 2020. Compile the Proforma Income statement for Luther Corporation for the year 2020 using percent of sales method. (9 marks)