Use the information from image above to answer questions below.

Financial Statement Analysis (30 Points) Vito Corleone Enterprises: December 31 Balance Sheets Joshua \& White Technologies December 31 Income Statements Ratio Analysis (Compute the Ratios) Liquidity Ratios Cument Ratio Quick Ratio Asset Management Ratios Inventory Tumover (Total COGS/Inventories) Days Sales Outstanding Foxed Assets Tumover Total Assets Tumover Debt Management Ratios Debt Ratio (Total debt-to-assets) Liabilities-to-assets ratio Times-interest-eamed ratio EBITDA coverage ratio Profitability Ratios Profit Margin Retum on Assets Retum on Equity a. Has the liquidity position improved or worsened? Explain. b. Has the ability to manage assets improved or worsened? Explain. c. How has profitability changed during the last year? d. Perform an extended Du Pont analysis for each year