Please provide an explanation for the steps when needed.

AutoSave off ( AC211 Midterm Comprehensive Case Assignment - Protected View V O Search File Home Insert Page Layout Formulas Data Review View Automate Help PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing F13 :fx AutoSave off [( AC211 Midterm Comprehensive Case Assignment - Protected View O Search File Home Insert Page Layout Formulas Data Review View Automate Help PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing F13 :fx Step 3: JOURNAL ENTRIES A B Cr. Account Name Dr. Dr. 45 47 9 3B) Complete the journal entry that would record your Notes Payable and Interest at Jan 31, 2022 after the note has been settled in full. \begin{tabular}{|l|l|l|l|l|} \hline Date & Account Name & Dr. & & \\ & & & & \\ \hline \end{tabular} Step 4: ANALYSIS Take a look at the resulting financial statements below and provide calculations for the following: 4A) What is your Receivables Turnover Ratio? 4B) What is your Days to Collect? 4C) What is your Fixed Asset Turnover Ratio? 4D) What is your Current Ratio? 4E) What is your Times Interest Earned? 4F) Explain how your Receivables Turnover Ratio and Days to Collect are impacting your financials? Can this be improved? How? 4G) Based on your Fixed Assets Turnover Ratio and your Current Ratio how would you assess the position of your company? Ready Breaking news Assignment Show your formula in this column for each of the ratios. (b) AutoSave search File Home Insert Page Layout Formulas Data Review View Automate Help PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing F13 :fx 59 Step 4: ANALYSIS 60 Take a look at the resulting financial statements below and provide calculations for the following: 4A) What is your Receivables Turnover Ratio? 4B) What is your Days to Collect? 4C) What is your Fixed Asset Turnover Ratio? 4D) What is your Current Ratio? 4E) What is your Times Interest Earned? 4F) Explain how your Receivables Turnover Ratio and Days to Collect are impacting your financials? Can this be improved? How? 4G) Based on your Fixed Assets Turnover Ratio and your Current Ratio how would you assess the position of your company? 4H) Now consider the position of your company if cash was $3,000 ? What would your Current Ratio be? Explain what this means, how this impacts your financial position, and what can be done to improve the situation if improvement is necessary: 90 92 4I) After taking a look at your resulting financial statement below, how would you assess the overall financial position of your company? 97