The following accounts and related balances of Bluebird Designers, Inc., as of December 31, 2018, are arranged in no particular order: (Click the icon to view the account information.) Read the requirements. Requirement 1. Prepare Bluebird's classified balance sheet in the account format at December 31, 2018. Start by completing the Assets section of the statement, and then prepare the Liabilities and Stockholders' Equity sections of the statement. (Classify the balance sheet by selecting the proper title on all applicable subtotal lines. In the first part complete the assets section of the balance sheet. In the second part complete the liabilities and stockholders' equity section of the balance sheet. Enter the accounts in the proper order for the stockholders' equity section of the balance sheet.) Bluebird Designers, Inc. Balance Sheet December 31, 2018 Assets Choose from any list or enter any number in the input fields and then continue to the next question. The following accounts and related balances of Bluebird Designers, Inc., as of December 31, 2018, are arranged in no particular order: (Click the icon to view the account information.) Read the requirements. Bluebird Designers, Inc. Balance Sheet December 31, 2018 Assets Choose from any list or enter any number in the input fields and then continue to the next question. The following accounts and related balances of Bluebird Designers, Inc., as of December 31, 2018, are arranged in no particular order: E (Click the icon to view the account information.) Read the requirements. Total assets Liabilities Choose from any list or enter any number in the input fields and then continue to the next question. The following accounts and related balances of Bluebird Designers, Inc., as of December 31, 2018, are arranged in no particular order: E (Click the icon to view the account information.) Read the requirements. Stockholders' Equity par, shares shares shares shares Choose from any list or enter any number in the input fields and then continue to the next question. The following accounts and related balances of Bluebird Designers, Inc., as of December 31, 2018, are arranged in no particular order: E (Click the icon to view the account information.) Read the requirements Total liabilities and stockholders' equity Requirement 2. Use a DuPont analysis to calculate rate of return on total assets and rate of return on common stockholders' equity for the year ended December 31, 2018 Start by calculating the rate of return on total assets (ROA). Select the DuPont model formula needed and then enter the amounts to calculate ROA. (Ignore Interest Expense in the ROA calculation. Dividends are not preferred. Round percentages to one decimal place, X.X% and other component ratios to three decimal places, X.XXX.) ROA Calculate the rate of return on common stockholders' equity (ROE). Select the DuPont model formula needed and then enter the amounts to calculate ROE. (Ignore Interest Expense in the ROA calculation. Dividends are not preferred. Round percentages to one decimal place, X.X% and other component ratios to three decimal places, X.XXX.) Choose from any list or enter any number in the input fields and then continue to the next question. The following accounts and related balances of Bluebird Designers, Inc., as of December 31, 2018, are arranged in no particular order: (Click the icon to view the account information.) Read the requirements. Calculate the rate of return on common stockholders' equity (ROE). Select the DuPont model formula needed and then enter the amounts to calculate ROE. (Ignore Interest Expense in the ROA calculation. Dividends are not preferred. Round percentages to one decimal place, X.X% and other component ratios to three decimal places, X.XXX.) ROE Requirement 3. Do these rates of return suggest strength or weakness? Give your reason. What additional information might help you make your decision? These rates of return appear to be because What additional information might help you make your decision? (if a box is not used in the table, leave the box empty: Choose from any list or enter any number in the input fields and then continue to the next question. The following accounts and related balances of Bluebird Designers, Inc., as of December 31, 2018, are arranged in no particular order: (Click the icon to view the account information.) Read the requirements Requirement 3. Do these rates of return suggest strength or weakness? Give your reason. What additional information might help you make your decision? These rates of return appear to be because What additional information might help you make your decision? (If a box is not used in the table, leave the box empty: do not make a selection.) Choose from any list or enter any number in the input fields and then continue to the next question, Data Table Cash $ 46,000 23,000 Interest expense.. Property, plant and equipment, net 16,400 360,000 Accounts receivable, net........ Paid-in capital in excess of par- common...... Accrued liabilities Long-term note payable Inventory Dividends payable. Retained earings Accounts payable Trademarks, net.. Goodwill.... 118,000 21,000 16,000 26,000 97,000 90,000 8,000 ? 131,000 6,000 18,000 Common stock, $1 par, 1,300,000 shares authorized, 118,000 shares issued Prepaid expenses... Common stockholders' equity, December 31, 2017 Net income Total assets, December 31, 2017...! Treasury stock, 221,000 32,000 480,000 Print Done Requirements 1. Prepare Bluebird's classified balance sheet in the account format at December 31, 2018. 2. Use a DuPont Analysis to calculate rate of return on total assets and rate of return on common stockholders' equity for the year ended December 31, 2018. 3. Do these rates of return suggest strength or weakness? Give your reason. What additional information might help you make your decision? Print Done