You are a manager and are required to prepare a budgeted balance sheet and income statement for the upcoming year. The owner would like you the budget using ratio analysis. Finally, you will present your proposal, using presentation software, at the annual meeting. Remember if you cannot defend your budget you will not have your budget approved Course objective(s) covered: 2 and 7 Based on your readings, use of technology, literature, and other sources do the following Give a brief description of a company of your choice Prepare a budgeted balance sheet and income statement for the company you have identified using Excel as an exhibit Be sure to include at least 3 fixed or long term assets (with related depreciation) In a memo to the owner, discuss the budget and meaning of the ratios you have selected. You must include at least 6 ratios learned in class Discuss any ethical issues relating to preparing a budget The body of the paper should be 1-3 pages (not including title page, abstract tables charts exhibits or references) typed in memo format