Just Question 3(A-D) PLS

P23.3(LO66,8) | (Ratio Computations and Additional Analysis) Bradburn Corporation was formed 5 years ago through a public subscription of common stock. Daniel plant expansion over the next 2 fiscal years through internally generated funds. The commercial loan officer of Topeka National Bank requested the following financial reports for the last 2 fiscal years. per share in fiscal year 2026. fiscal years ended March 31, 2025 and 2026, respectively, are included in cost of goods sold. Instructions a. Compute the following items for Bradburn Corporation. 1. Current ratio for fiscal years 2025 and 2026. 2. Acid-test (quick) ratio for fiscal years 2025 and 2026. 3. Inventory turnover for fiscal year 2026. 4. Return on assets for fiscal years 2025 and 2026. (Assume total assets were $1,688,500 at 3/31/24.) 5. Percentage change in sales, cost of goods sold, gross margin, and net income after taxes from fiscal year 2025 to 2026. b. Identify and explain what other financial reports and/or financial analyses might be helpful to the commercial loan officer of Topeka National Bank in evaluating Daniel Brown's request for a time extension on Bradburn's notes. c. Assume that the percentage changes experienced in fiscal year 2026 as compared with fiscal year 2025 for sales, cost of goods sold, and operating expenses will be repeated in each of the next 2 years. Is Bradburn's desire to finance the plant expansion from internally generated funds realistic? Discuss. d. Should Topeka National Bank grant the extension on Bradburn's notes considering Daniel Brown's statement about financing the plant expansion through internally generated funds? Discuss. 3. Explain whether Topeka National Bank should grant the extension on Bradburn's notes considering Daniel Brown's statement about financing the plant expansion through internally generated funds. Consider the following question to guide your response: A. Should Topeka National Bank grant the loan? Why or why not? B. Will Bradburn's projected operations for 2027 generate an adequate amount of cash to finance the plant expansion and repay the loan? C. Does Bradburn need the 24-month extension? Why or why not? D. What do the financial ratios indicate about Bradburn's financial structure