use the data provided above to complete the table and to answer the folow up prompts

WRIGLEY CORP. - BALANCE SHEET 12/31/21 $190,000 ASSETS Current Assets Cash Accounts Receivable Inventory Total Current Assets $100,000 $140,000 $430,000 Fixed Assets Land Machinery Equipment Less accumulated depreciation Total Fixed Assets $380,000 $140,000 $270,000 ($20,000) $770,000 LLARILITIES $160,000 LIABILITIES Current Liabilities Accounts Payable Notes Payable Accrued Salaries Payable 70,000 Total Current Liabilities $170,000 $ $400,000 Long-term Liabilities Long-term Debt $500,000 Total Long-term Liabilities $500,000 OWNER'S EQUITY $300,000 WRIGLEY CORP. - INCOME STATEMENT YEAR ENDED 12/31/21 Revenues Cash Sales Credit Sales Total Revenues $2,300,000 $1.700,000 $4,000,000 Cost of Goods Sold $2,900,000 Gross Profit $1,100,000 Operating and General Expenses Rent Advertising Salaries Travel Utilities Taxes Total Expenses $ 100,000 $ 50,000 $ 300,000 $ 100,000 $ 50,000 $ 350,000 $ 950,000 Net Income $ 150,000 Put your final answers on the following table. RATIO WRIGLEY INDUSTRY MEDIAN Liquidity Ratios Working Capital Put your final answers on the following table. RATIO WRIGLEY INDUSTRY MEDIAN Liquidity Ratios Working Capital N/A Current Ratio 1.1 Acid Test/Quick Ratio 0.8 Activity Ratios Average Collection Period 15 days Inventory Tumover 25 times/year Leverage Ratios Debt Ratio 0.6 Debt to Equity Ratio 2.2 Profitability Ratios Gross Margin 50% Net Margin (ROR) 10% Return on Investment 22% How is the firm performing? Do you see any red flags" or issues of concern that the firm needs to consider Describe them here. Do not discuss good things: just potential areas of What recommendations would you make to the firm after your analyses