Question: please help a,b,c,d (16 pts) 10. Given the information below, address the requirements following the information: 2022 Fortes Inc. Income Statement ( S in millions)

(16 pts) 10. Given the information below, address the requirements following the information: 2022 Fortes Inc. Income Statement ( S in millions) Fortes, Inc. 2021 and 2022 Balance Sheets ( $ in millions) tal CA = Total Current Assets Total CD= Total Current Debt E= Property, Plant and Equipment Required: a) Calculate the extended DuPont identity for 2022 , including all of its components. Explain the purpose of calculating the DuPont Identity. b) Calculate the Current Ratio and the Quick Ratio for 2022 . What is the difference in the two ratios? c) Calculate the Inventory Holding Period for 2022 . What is the significance of this ratio? d) Calculate the free cash flow for 2022. What is the significance of free cash flow? (16 pts) 10. Given the information below, address the requirements following the information: 2022 Fortes Inc. Income Statement ( S in millions) Fortes, Inc. 2021 and 2022 Balance Sheets ( $ in millions) tal CA = Total Current Assets Total CD= Total Current Debt E= Property, Plant and Equipment Required: a) Calculate the extended DuPont identity for 2022 , including all of its components. Explain the purpose of calculating the DuPont Identity. b) Calculate the Current Ratio and the Quick Ratio for 2022 . What is the difference in the two ratios? c) Calculate the Inventory Holding Period for 2022 . What is the significance of this ratio? d) Calculate the free cash flow for 2022. What is the significance of free cash flow
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