Question: 1 . Create a Common Size Income statement from the provided income statement. 2 . Using the ratios and income and balance sheets provided above,

1. Create a Common Size Income statement from the provided income statement.
2. Using the ratios and income and balance sheets provided above, using year 2020 numbers, please calculate these ratios:
Post your answers in an Excel Spreadsheet. Use formulas where ever possible.
RATIO:enter formula
CALCULATION:show your work
INTERPRETATION: what does this mean for the company?
Explain in non-technical terms. Ratios are:
ROA. EPS. CURRENT RATIO. DEBT TO EQUITY. INVENTORY TURNOVER RATIO. PE ratio. Gross Profit Margin.
1. Create a Common Size Income statement from the provided income

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