the work is based in this 3 statements, please identifique the quedtion im gona rate!!!

x Mo-Mango Ratios Practice X M5-Ratio Analysis V21 Project Ratios 2011- x Control chart for attrib * Engineering Economy Activities / Assessment (24 POINTS) 1) Required: (based on the results of the activity of Module 4), And using the Summary of Ratios list in this Module; resolve the ratios that applies to the Financial Statements already prepared by all groups on Module 4. (See the mentioned activity from M4 below) For the Activity in this Modules you will use the Financial Statements prepared by each group in Module & Activities / Assessment Explain each Financial Statements Atsume the following xV2 treineering Supplies Company had the following transaction ed capital stock for $50,000 Purchased $25.000 of inventory an account Sold inventory costing 55.000 for $10,000 on account Paid 5.000 for inventory purchased on account (from item21 e.Collect 54.800 of accounts receivable from item). Paid salaries for $2.500 Required ted on the results of the activity of Module >> A. Prepare Income Statement Prepare Retained Earnings Statement C. Prepare Bulance Sheet IMEN-341 Statement of Retained Earnings For the Year ended December 31, 2020 Owner's Equity $50,000 Net Income $2,500 Total Retained Earnings $52,500 c. Balance Sheet XYZ Engineering Supplies Company Balance Sheet December 31, 2020 Assets: Liabilities: Cash $20,000 Accounts Receivable Inventory Total Assets: $47,300 Accounts Payable $20,000 Total Liabilities $5,200 Capital: $20,000 Retained Earnings $72,500 Total Liabilities and Capital: $52,500 $72,500 a. Income Statement XYZ Engineering Supplies Company Income Statement For the Year ended Dec. 31, 2020 Revenues: Sales Revenue $10,000 Total Revenue: $10,000 Expenses: Costs of goods sold Wages Expense Total Expenses: Net Income $5,000 $2,500 $7,500 $2,500 b. Retained Earnings Statement XYZ Engineering Supplies Company Statement of Retained Earnings For the Year ended December 31, 2020 Owner's Equity $50,000 Net Income $2,500 Total Retained Earnings S52,500 c. Balance Sheet x Mo-Mango Ratios Practice X M5-Ratio Analysis V21 Project Ratios 2011- x Control chart for attrib * Engineering Economy Activities / Assessment (24 POINTS) 1) Required: (based on the results of the activity of Module 4), And using the Summary of Ratios list in this Module; resolve the ratios that applies to the Financial Statements already prepared by all groups on Module 4. (See the mentioned activity from M4 below) For the Activity in this Modules you will use the Financial Statements prepared by each group in Module & Activities / Assessment Explain each Financial Statements Atsume the following xV2 treineering Supplies Company had the following transaction ed capital stock for $50,000 Purchased $25.000 of inventory an account Sold inventory costing 55.000 for $10,000 on account Paid 5.000 for inventory purchased on account (from item21 e.Collect 54.800 of accounts receivable from item). Paid salaries for $2.500 Required ted on the results of the activity of Module >> A. Prepare Income Statement Prepare Retained Earnings Statement C. Prepare Bulance Sheet IMEN-341 Statement of Retained Earnings For the Year ended December 31, 2020 Owner's Equity $50,000 Net Income $2,500 Total Retained Earnings $52,500 c. Balance Sheet XYZ Engineering Supplies Company Balance Sheet December 31, 2020 Assets: Liabilities: Cash $20,000 Accounts Receivable Inventory Total Assets: $47,300 Accounts Payable $20,000 Total Liabilities $5,200 Capital: $20,000 Retained Earnings $72,500 Total Liabilities and Capital: $52,500 $72,500 a. Income Statement XYZ Engineering Supplies Company Income Statement For the Year ended Dec. 31, 2020 Revenues: Sales Revenue $10,000 Total Revenue: $10,000 Expenses: Costs of goods sold Wages Expense Total Expenses: Net Income $5,000 $2,500 $7,500 $2,500 b. Retained Earnings Statement XYZ Engineering Supplies Company Statement of Retained Earnings For the Year ended December 31, 2020 Owner's Equity $50,000 Net Income $2,500 Total Retained Earnings S52,500 c. Balance Sheet