PLEASE PLEASE PLEASE, I DESPERATELY NEED HELP. QUESTION AT BOTTOM. THANK YOU!!!!

Walsh Corp $-$ Balance Sheets at December $31,$

$202120222023$

Assets

Cash and Equivalents $750,282868,4301,003,984$

Accounts Receivable $483,528605,028670,544$

Inventory $621,7701,010,6421,030,348$

Prepaid Items $272,776462,200503,748$

Total Current Assets $2,128,3562,946,3003,208,624$

Gross PPE $1,410,2641,471,0621,530,430$

Accumulated Depreciation $(350,800)(393,684)(436,568)$

Net Plant & Equipment $1,059,4641,077,3781,093,862$

Total Assets $3,187,8204,023,6784,302,486$

Liabilities and Equity

Accounts Payable $644,312733,728496,988$

Accrued Liabilities $430,948433,066244,384$

Income Taxes Payable $44,69851,39621,290$

Current Portion of L$-$T Debt $84,40084,40084,400$

Total Current Liabilities $1,204,3581,302,590847,062$

L$-$T Debt $750,200800,622850,622$

Total Liabilities $1,954,5582,103,2121,697,684$

Common Stock $641,682713,516740,248$

Additional Paid in Capital $43,82049,76259,092$

Retained Earnings $547,7601,157,1881,805,462$

Total Equity $1,233,2621,920,4662,604,802$

Total Liabilities and Equity

$3,187,8204,023,6784,302,486$

Walsh Corp $-$ Income Statements for years ended December $31,$

$202120222023$

Sales $2,316,8341,413,5811,572,134$

Cost of Sales $1,001,404556,721601,215$

Gross Profit $1,315,430856,860970,919$

Operating Costs:

Advertising $84,30050,53155,153$

Depreciation $42,88421,44221,442$

Bad Debts $35,88618,93420,151$

Legal $19,40210,20717,261$

Miscellaneous $58,20831,21491,014$

Rent $282,286142,078148,321$

Repairs & Maintenance $23,86413,64214,315$

Salaries & Wages $78,28445,31247,121$

Utilities $28,43415,64315,912$

Total Operating Expenses $653,548349,003430,690$

Earnings Before Taxes $($EBT$)661,882507,857540,229$

Income Taxes $264,753203,143216,092$

Net Income $397,129304,714324,137$

Number of shares outstanding $40,00040,00040,000$

COMPLETE THE FOLLOWING:

BS $$ common sized

IS $$ common sized

RATIOS: $($below$)$

Walsh Corp. $-$ Ratio Analysis

$202120222023$

LIQUIDITY RATIOS:

Current Ratio

Quick Ratio

Accounts Receivable Turnover

Days Sales Outstanding $($DSO$)$

Inventory Turnover

Inventory Days

PROFITABILITY$/$PERFORMANCE RATIOS:

Profit Margin

Gross Profit Margin

Earnings per Share $($EPS$)$

Asset Turnover

Return on Assets $($ROA$)$

Return on Equity $($ROE$)$

LEVERAGE RATIOS:

Debt Ratio

Debt to Equity $($Net Worth$)$

Total Liabilities to Equity

Times Interest Earned