income statement and balance sheet

Answer Question 25 and 26 which you will find on Page 46 of your textbook. (10th edition)

For Q25, draw up an income statement and balance sheet. Be sure to follow the format as outlined in the text and on the lecture.

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For Q26, cite the formula foroperating cash flow and then plug-in the correct numbers. ForQ26, you need to submit only Operating Cash Flow,notall three cash flow measures.

After you have completed your income statement and balance sheet, compute the following financial ratios for both fiscal years: 1) current ratio; 2)quick ratio; 3)accounts receivable turnover; 4)inventory turnover; 5)debt to equity; 6)profit margin; 7)return on equity. For all ratios, cite the formula and then plug-in numbers. Show all your work, not just the final answer. Remember to compute ratios for both years!

Does this company appear to be a healthy company? Comment, and include financial numbers and ratios from your work, above, to support your answer which should be appx 2-3 paragraphs, single-spaced.