complete the following analytical measures for the current year assuming the current market value is 20 per share

(50 pts.) On the basis of the following data for Branch Co. for the current and preceding years ended December 31, prepare a statement of cash flows using the indirect method. Assume that equipment costing $125,000 was purchased for cash and the land was sold for $15,000. The stock was issued for cash and the only entries in the retained earnings account were for net income of $56,000 and cash dividends declared and paid of $18,000. 1. Current Year Prior Year S 65,000 54,000 85,000 90,000 20,000 Cash 78,000 106,500 Accounts Receivable (net) Inventories Land Equipment Accumulated Depreciatiorn 495,000 370,000 (215.000) 58.000) $529.500 $461,000 Accounts Payable (merchandise creditors) Common Stock, $10 par Paid-In Capital in Excess of Par-Common Stock Retained Earnings s 53,500 55,000 200,000 170,000 60,000 214.000 176.000 $529,500 $461.000 62,000 3. (25 pts) Compute the following analytical measures for the current year assuming the current market value of common stock is $20 per share: Solvency Measures: Current Ratio Quick Ratio Profitability Measures: Earnings per share of common stock Dividends per share of common stock Dividend Yield Perform any other analysis you feel is appropriate. Write a brief assessment of the financial condition of this company, based upon the analytical measures Would you recommend purchasing the stock? Why or why not