t-2 (1) pat X + ads/Assignment-2%20(1).pdf 2/3 100% 2. After learning that you are taking a hospitality management accounting course, Kim, your close friend, has come to ask you for investment advice. She went sking at Rocky Alpine Retreat tast winter and was so impressed by the resort that she has been thinking about investing in it. Because she doesn't know how to read financial statements, she asked you to analyze Rocky Alpine Retreat's financial statements and comment on the company's liquidity, profitability and leverage. The statements are presented below Rocky Alpe fatal Consolidated Balance Sheet in the As a September, 2020 and 2019 2000 2010 SA As Cach Shorts ACCO wy SO 14 22 GILS Total Curve Ants Normatie Powe 2212 Total Ansat 14 and 51,7) D Total Care end Town 2211 2012 18 18 It Shah 2011 ENG 2010 30-02.2001 ignment-201.pdf wnloads/Assignment-2%20(1).pdf 2 / 3 100% + Total Liabilies and Shareholders'lay $552121 $699050 Rocky Alpine Retreat Consoldated Income Statement in thousand For the Years Ended September 30, 2020 and 2010 2020 Resort Revenue 5254512 Operating expenses 14 Depreciation & oration expenses Selling general administrative pense 27,761 Total Expenses 201.06 Income from Operations before Income Tax 51.41 Income taxe pense Netcome 529.921 2019 $240.750 126,671 40.29 TL595 16200 529,085 Rocky Alpine Retreat Summary of the Statement of Cash Flow in thousands For the Year Ended September 30, 2020 and 2019 2020 2019 Nel cash provided by operating at S81413 578725 Net cash red by wractices 40 2445 Nutcash red by facing actes 1551 Net interide mah 03291) for the calculation that requires average share today in the equityce the end of 2018 was $479,040 Required a topla tokom what mange date a body meet them o RI 5 64 onment 2017 pdf X + wnloads/Assignment-2%20(1).pdf # 3 / 3 100% + b. Assess Rocky Alpine Retreat's liquidity using relevant ratios and provide an explanation. c. Assess Rocky Alpine Retreat's profitability using relevant ratios and provide an explanation d. Assess Rocky Alpine Retreat's leverage using the relevant ratio and provide an explanation o 2 AD ENG t-2 (1) pat X + ads/Assignment-2%20(1).pdf 2/3 100% 2. After learning that you are taking a hospitality management accounting course, Kim, your close friend, has come to ask you for investment advice. She went sking at Rocky Alpine Retreat tast winter and was so impressed by the resort that she has been thinking about investing in it. Because she doesn't know how to read financial statements, she asked you to analyze Rocky Alpine Retreat's financial statements and comment on the company's liquidity, profitability and leverage. The statements are presented below Rocky Alpe fatal Consolidated Balance Sheet in the As a September, 2020 and 2019 2000 2010 SA As Cach Shorts ACCO wy SO 14 22 GILS Total Curve Ants Normatie Powe 2212 Total Ansat 14 and 51,7) D Total Care end Town 2211 2012 18 18 It Shah 2011 ENG 2010 30-02.2001 ignment-201.pdf wnloads/Assignment-2%20(1).pdf 2 / 3 100% + Total Liabilies and Shareholders'lay $552121 $699050 Rocky Alpine Retreat Consoldated Income Statement in thousand For the Years Ended September 30, 2020 and 2010 2020 Resort Revenue 5254512 Operating expenses 14 Depreciation & oration expenses Selling general administrative pense 27,761 Total Expenses 201.06 Income from Operations before Income Tax 51.41 Income taxe pense Netcome 529.921 2019 $240.750 126,671 40.29 TL595 16200 529,085 Rocky Alpine Retreat Summary of the Statement of Cash Flow in thousands For the Year Ended September 30, 2020 and 2019 2020 2019 Nel cash provided by operating at S81413 578725 Net cash red by wractices 40 2445 Nutcash red by facing actes 1551 Net interide mah 03291) for the calculation that requires average share today in the equityce the end of 2018 was $479,040 Required a topla tokom what mange date a body meet them o RI 5 64 onment 2017 pdf X + wnloads/Assignment-2%20(1).pdf # 3 / 3 100% + b. Assess Rocky Alpine Retreat's liquidity using relevant ratios and provide an explanation. c. Assess Rocky Alpine Retreat's profitability using relevant ratios and provide an explanation d. Assess Rocky Alpine Retreat's leverage using the relevant ratio and provide an explanation o 2 AD ENG