Question: Using the financial statements provided below for ABC Manufacturing Company, calculate all the ratios listed below for both 2022 and 2023.2 (a) Calculate the ratios


Using the financial statements provided below for ABC Manufacturing Company, calculate all the ratios listed below for both 2022 and 2023.2 (a) Calculate the ratios for ABC Manufacturing Company for 2022 and 2023. (b) Put an " "F"D" in the column beside the Year 2023 ratio calculation if the ratio has Improvedl Deteriorated. Put an "S"/"W" in the column beside the Year 2023 ratio if ABC Manufacturing Company's ratio is Stronger/Weaker than its competitors. ONLY HAND-IN (SUBMIT) THE PAGES THAT START WITH "NAME" (PAGES 3-4). ABC Manufacturing Company, Income Statement For the years ended August 31 Only indicate your final answers on this page. Show your work (i.e., the calculations for each ratio) on the next page. Take calculations to two decimal places (or more where necessary)-e.g. 1.23 or 3.45%. \#\# The inventory balance on the August 31,2021 balance sheet was $40,842
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