Question: Use the information provided to work with your group to: Complete the income statement for the year 2020. Complete the balance sheet for the year

Use the information provided to work with your group to: Complete the

Use the information provided to work with your group to:

  1. Complete the income statement for the year 2020.
  2. Complete the balance sheet for the year 2020.
  3. Prepare a cash flows statement for the operating activities for the year 2020.
  4. Compute ratios that can be calculated from the data presented (2 years, trend, percentages etc.)

As a group, prepare and submit a PowerPoint presentation, which includes:

  1. Title and introduction
  2. Objectives of comparative financial statements
  3. The completed financial statements, and the details of calculations used
  4. The procedure used to prepare the operating activities of the cash flows statement
  5. Detailed calculations of the ratios and your comments on the ratios calculated
  6. Comments/Opinion on the financial health of the company (comparing 2 years)
income statement for the year 2020. Complete the balance sheet for the

Group 4 - Major Assignment 2: Part I\$ Group 4 - Major Assignment 2: Part I\$

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