1 Financial statement analysis. (Total 25 points) The balance sheet of Eagle Wing Enterprises (EWE), a Belgium private company with limited liability (BVBA) as at December 31, 2020, is as follows. Balance Sheet as at December 31, 2020 Eagle Wing Enterprises BVBA Call amounts in euro) 10,000 4,500 Cash Accounts receivable Inventory Total current assets Net fixed assets 1,000 Accounts payable Notes payable Accruals Total current liabilities Long-term debt Stockholders' equity Total liabilities and S.E. Total assets Additional information (2020 values): 1. Sales totaled 110,000 2. The gross profit margin was 25 percent. 3. Inventory turnover was 3.0. 4. There are 360 days in the year. 5. The average collection period was 65 days. 6. The current ratio was 2.40. 7. The total asset turnover was 1.13. 8. The debt ratio was 53.8 percent. Questions (using the information provided above) - please show your calculations: a) What is the inventory value for EWE as at December 31, 2020 b) What is the accounts receivable value for EWE as at December 31, 2020 c) What is the notes payable value for EWE as at December 31, 2020 d) What is the net fixed assets value for EWE as at December 31, 2020 e) What is the total assets value for EWE as at December 31, 2020 f) What is the long-term debt value for EWE as at December 31, 2020 g) Complete the balance sheet of EWE as at December 31, 2020. (2 points) (2 points) (4 points) (3 points) (3 points) (5 points) (6 points) Room for your answers to question 1 a-g)