hello please see attached assignment I need help with thanks

WORDCOM ANALYSIS 1 WorldCom Analysis [Insert Name] [Institutional affiliation] WORDCOM ANALYSIS Ratios computations 2 Gross profit Gross profit 100 WORDCOM ANALYSIS sales Return on sales opertaing profit 100 Net sales Return on assets Net income 100 Total assets Return on equity Net income 100 equity Total asset turnover Total sales total assets *100 Total accounts receivable turnover Credit sales debtors Total accounts receivable collection days 365 ' debtor s turnover 2000 4,153 100 =10.62 39090 2001 1501 100 =4.27% 35179 % 8153 100 = 39090 20.86% 4,153 100 =4.19 98,903 3,514 100 = 9.99% 35,179 1,501 100 = 1.44% 103,914 % 4,153 100 = 55,409 1,501 100 = 2.59% 57,930 7.50% 39090 100 = 98,903 39.52% 39090 6815 = 5.74 365 =64 days 5.74 yngfcmfg 35179 5308 = 6.62 365 6.62 =55 days Debt to assets Total debts total assets 40,104 98,903 =0.41 43,890 103,914 =0.42 Equity to assets 58,799 39090 =1.50 60,024 35,179 =1.71 Debt to equity Debt equity 40,104 58,799 =0.68 43,890 60,024 =0.73 Equity multiplier Total assets s h are h olders equity 98,908 58,799 =1.68 103,914 60,024 =1.73 Current ratio current assets current liabilities 9755 4005 =2.44 9205 3576 =2.57 Acid test current assetsInventory current liabilities 97550 4005 =2.44 92050 =2.57 3576 Equity sales Net working capital 9755-4005=5750 9205-3576=5629 3 WORDCOM ANALYSIS Required: 1. What did you learn about the relationship between the income statement and balance sheet? 2. Does your analysis raise any questions that might lead to a fraud hypothesis? Explain Please refer to attached balance sheet and income statement also I need an original paper and not another paper that was done for another student Thanks Also you can get the full balance sheet and income statement here https://www.sec.gov/Archives/edgar/data/723527/000100547702001226/d02-36461.txt I only need analysis for the year 2000 and 2001 APA format 4 WorldCom and Subsidiaries Condensed Consolidated Balance Sheet At December 31 (000,000 omittted) ASSETS Current assets: 2000 % 2001 % Total current assets 9,755 0.8% 6.9% 0.2% 2.0% 9.9% 9,205 1.4% 5.1% 0.2% 2.1% 8.9% Property and Equipment 44,627 45.1% 48,661 46.8% Accumulated Depreciation -7,204 -9,852 Goodwill and other intangible assets 46,594 $98,903 -7.3% 47.1% 5.2% 100.0% $103,914 -9.5% 48.6% 5.2% 100.0% $7,200 7.3% $172 0.2% 6,022 6.1% 4.5% 17.9% 4,844 4.7% 4.0% 8.9% 30,038 Cash and cash equivalents $761 Account Receivable, net 6,815 Deferred tax credit Other current Other assets Total Assets 172 2,007 5,131 $1,416 5,308 251 2,230 50,537 5,363 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Short-term debt and current maturities of longterm debt Accounts payable and Accrued Expenses Other current Total current liabilities 4,451 17,673 4,194 9,210 Long-term Liabilities: Total long-term liabilities 22,431 Total Liabilities 40,104 17.9% 3.7% 1.1% 22.7% 40.5% 2,592 798 Long-term debt Deferred tax liability Other liabilities Minority interests Redeemable Preferred SHAREHOLDERS' INVESTMENT: 17,696 3,611 1,124 43,890 28.9% 3.9% 0.6% 3.4% 42.2% 2.6% 101 0.1% 0.8% 1,993 1.9% 4,066 576 34,680 100% 2001 $35,179 100% 15,462 10,597 39.55% 27.11% 14,739 11,046 41.90% 31.40% 4,878 12.48% 5,880 16.71% Total Expenses 30,937 Operating income 8,153 Other income (expense): Interest expense -970 Miscellaneous 385 Income before income taxes, minority inte of accounting change 7,568 79.14% 20.86% 31,665 3,514 90.0% 9.990% -2.48% 0.98% -1,533 412 3.92% 1.05% 19.36% 2,393 Revenues Operating expenses: Line costs Selling, general and administrative Depreciation and amortization Other charges 2000 % $39,090 6.12% Provision for income taxes Income before minority interests a Minority interests Income before cumulative effect of Cumulative effect of accounting cha 3,025 4,543 -305 4,238 -85 7.74% 11.62% 0.78% 10.84% 0.21% 927 1,466 35 1,501 0 2.64% 4.170% 0.01% 4.27% 0% Net income $4,153 $0 $1,501 Distributions on mandatorily redeemable preferred securities and other preferred dividend requiremen 65 0.17% 117 Net income applicable to common s $4,088 10.40% $1,384 4.27% 0.33% 3.93%