Question 1 Please find the Breakeven point from the below detail.

Question 2 And also give 5 important ratios from the below information. And also give interpretation of ratios and from below financial data.

Question 3 balance sheet for 2015 prepare

Income Statement For the Year Ended [December 31, 2016]
Particular			2016	2015
Revenue:
	Service revenue		$ 278,000.00	$ 250,000.00
	Grant		$ -	$ -
	Fund raising		$ -	$ -
Total Revenue			$ 278,000.00	$ 250,000.00
Expenses:
	Advertising		$ 1,200.00	$ 1,100.00
	Amortization		$ -	$ -
	Bad Debts(5% of Revenue)		$ 11,000.00	$ 9,400.00
	Bank Charges		$ 3,000.00	$ 3,000.00
	Charitable Contributions(1% of Sales)		$ 2,780.00	$ 2,500.00
	Commissions(5% of sales)		$ 13,900.00	$ 12,500.00
	Contractor		$ 31,500.00	$ 28,500.00
	Credit Card Fees		$ 1,680.00	$ 1,524.00
	Delivery Expenses		$ 2,800.00	$ 2,500.00
	Depreciation (Computer)		$ 675.00	$ 675.00
	Depreciation (Vehicle)		$ 4,200.00	$ 4,200.00
	Depreciation (Office equipments)		$ 525.00	$ 525.00
	Depreciation (Furniture)		$ 650.00	$ 650.00
	Dues and Subscriptions		$ 850.00	$ 800.00
	Insurance($550 *12)*3 employee		$ 19,800.00	$ 19,800.00
	Interest ($80,000 * 13%)		$ 10,400.00	$ 10,400.00
	Maintenance		$ 1,300.00	$ 1,100.00
	Miscellaneous		$ 1,400.00	$ 1,200.00
	Office Expenses		$ 2,200.00	$ 2,000.00
	Operating Supplies		$ 1,000.00	$ 1,500.00
	Payroll Taxes		$ -	$ -
	Permits and Licenses( Every 2 years Renew)		$ -	$ 600.00
	Postage		$ 650.00	$ 600.00
	Professional Fees		$ 1,400.00	$ 1,200.00
	Property Taxes		$ -	$ -
	Rent ($1500*12)( lease of 3 years )		$ 18,000.00	$ 18,000.00
	Repairs		$ 900.00	$ 700.00
	Telephone		$ 1,080.00	$ 1,080.00
	Travel		$ 1,300.00	$ 1,100.00
	Utilities( between $160 to $170 pm)		$ 2,000.00	$ 1,800.00
	Vehicle Expenses		$ 2,000.00	$ 1,800.00
	Wages($ 14.75 per hour)		$ 23,600.00	$ 16,520.00
	Total Expenses		$ 161,790.00	$ 147,274.00
Earnings Before Income Tax			$ 116,210.00	$ 102,726.00
	Tax Expenses 35%		$ (40,630.00)	$ 35,954.10
Net Income			$ 75,580.00	$ 66,771.90

Balance Sheet as on 31st Dec 2016		Amount $	Amount $
Assets
Current Assets:
Cash		$ 33,170.00
Accounts Receivable (30% of Revenue)	$ 83,400.00
Reserve for Bad Debts(10%)	$ (8,340.00)	$ 75,060.00
Prepaid Insurance ($800*2 years)		$ 24,000.00
Notes Receivable		$ -
Total Current Assets (A)			$ 132,230.00
Fixed Assets:
Vehicles	$ 28,000.00
Accumulated Depreciation (15%) SLM	$ (4,200.00)	$ 23,800.00
Computers	$ 4,500.00
Accumulated Depreciation (15%) SLM	$ (675.00)	$ 3,825.00
Office Equipments	$ 3,500.00
Accumulated Depreciation (15%) SLM	$ (525.00)	$ 2,975.00
Furniture and Fixtures	$ 6,500.00
Accumulated Depreciation (10%) SLM	$ (650.00)	$ 5,850.00
Total Fixed Assets (B)			$ 36,450.00
Total Assets (A+B)			$ 168,680.00
Liabilities and Capital
Current Liabilities:
Contract Service Payable	$ 9,000.00
Interest Payable(80000*13%)	$ 900.00
Total Current Liabilities		$ 9,900.00
Long-Term Liabilities:
Long-Term Notes Payable	$ 80,000.00
Total Long-Term Liabilities		$ 80,000.00
Total Liabilities (C)			$ 89,900.00
Capital:
Owner's Equity		$ 3,200.00
Net Profit		$ 75,580.00
Total Capital (D)			$ 78,780.00
Total Liabilities and Capital (C+D)			$ 168,680.00

Cash Flow Budget Worksheet December 31, 2016
Beginning Cash Balance	$ -
Cash Inflows (Income):
Accts. Rec. Collections	$ 83,400.00
Loan Proceeds	$ 80,000.00
Sales & Receipts	$ 75,536.00
Other:	$ -
Total Cash Inflows	$238,936.00
Available Cash Balance
Cash Outflows (Expenses):
Advertising	$ 1,200.00
Bank Service Charges	$ 3,000.00
Credit Card Fees	$ 1,680.00
Delivery	$ 2,800.00
Health Insurance	$ -
Insurance	$ 24,000.00
Interest	$ 10,400.00
Inventory Purchases	$ -
Miscellaneous	$ 1,400.00
Office	$ 2,200.00
Wages	$ 23,600.00
Payroll Taxes	$ -
Professional Fees	$ 1,400.00
Rent or Lease	$ 18,000.00
Subscriptions & Dues	$ 850.00
Supplies	$ 1,000.00
Taxes & Licenses	$ -
Utilities & Telephone	$ 3,080.00
Other:	$ -
Subtotal	$ 94,610.00
Other Cash Out Flows:	$ -
Capital Purchases	$ -
Loan Principal	$ 80,000.00
Owner's Draw	$ 3,200.00
Other:	$ 27,956.00
Total Cash Outflows	$111,156.00
Ending Cash Balance	$ 33,170.00