I need help with question 2 and 3 please. Could someone please get me in the right direction? Thank you! I

ANALYZING FINANCIAL RESULTS PROJECT Use the income statement, balance sheet and cash flow statements attached to complete the analysis detailed below 1) Compfet 3 Vertical analysis for 2011 1-1 llowing for the balance sheet of the Hershey Company analysig comparing 2010 and 2011 Identify and discuss percentages that appear significant 2) Calculate the following financial ratios for 2011 (show your work) for both companies (Hershey Company, Tootsie Roll Industries) Liquidity Ratios Current ratio Current Assets/Current Liabilities Quick ratio - (Current Assets -Inventory)/ Current Liabilities . Efficiency Ratios Inventory turnover COGS/Average inventory Inventory period 365/ Inventory turnover . Accounts receivable turnover Credit sales/Average receivables . Receivables period 365/Receivables turnover Payable turnover =COGS / Average payables .Payables period 365/ Payable turnover .Operating cycle Inventory period plus Receivables period (number of days from inventory purchase to receipt of cash) Cash cycle Operating cycle less Payables period (number of days from time cash is paid out to when cash is received) 3) Write a summary of 100-150 words including the following Compare each of the ratios for the two companies and discuss what they indicate relative to the health of the companies Discuss areas of concern. Discuss areas of strength