【正文】 Notes Payables to banks 200 150 Advances from customers 500 510 Accounts Payables 590 615 Accrued liabilities 90 105 Interest Payables 20 40 Ine Tax Payables 20 30 Dividends payables 20 30 Current Liabilities 1440 1480 Longterm Debt 1160 1260 Common Stock 100 150 Additional paidin capital 700 1200 Retained earnings 200 260 Total Liabilities and Equity 3600 4350 (Important notes: Notes Payable is a kind of shortterm debt. Accounts Payable is connected with inventory purchases. Increases in mon and additional paidin capital are due to the issuance of new shares) Question: Use the above data and the direct method and indirect method to prepare a statement of cash flows for the year ended December 31, 2022.( Important notes: if an item is an cash outflow, please put it in an bracket) Cash flow statement: Direct Method for CFO Cash collections Cash inputs Cash expenses Cash interest paid Ine taxes paid Cash from Operations Purchase of fixed assets Cash Used for Investing Borrowings Equity financing Dividends paid Cash from Financing Net Change in Cash Cash flow statement: Indirect Method for CFO Net ine Depreciation Expense 9 Changes in operating accounts: Accounts Receivable Inventory Advances from customers Accounts Payable Accrued liabilities Interest Payable Ine Tax Payable Cash from Operations 【 Financial Ratio Analysis】 Ine Statement for Year Ended December 31, 2022 Year 2022 Year 2022 Sales 18000 28500 Cost of Goods Sold 10800 18000 Depreciation Expense 1800 2250 SGamp。A Expense 1050 1500 Interest Expense 1950 1800 Ine Before Tax 2400 4950 Ine Tax Expense 1050 2160 Net Ine 1350 2790 Balance Sheets as of December 31 Year 2022 Year 2022 Assets Cash 3000 3300 Accounts Receivable 4500 5250 Inventory 6000 6300 Current Assets 13500 14850 Fixed Assets at Cost 33000 36450 Accumulated Depreciation 13500 15750 Net Fixed Assets 19500 20700 Total Assets 33000 35550 Liabilities and Equity Accrued Expense 2400 2640 Accounts Payable 3600 3960 Current Liabilities 6000 6600 Notes Payable 16500 17700 Longterm Debt 6000 4806 Common Stock 3000 3450 Retained Earnings 1500 2994 Total Liabilities and Equity 33000 35550 (Important notes: Notes Payable is longterm debt. Ine tax rate can be inferred by ine tax expense/pretax ine) 10 Question: Use data above to pute ratios and fill in the right numbers in the following forms. Financial Ratios for Year 2022 Activity Ratios Inventory turnover Accounts receivable turnover Fixed asset turnover Accounts payables turnover Liquidity Ratios Operating cycle Cash cycle Quick ratio Solvency Ratios Debt to equity ( Including trade debt) Times interest earned Profitability Ratios Return on sales ( ine / sales) Return on assets (pretax) Return on equity (after tax) Five Component Disaggregation of ROE Operating margin X Interest burden X Tax burden X Asset turnover X Leverage = Return on equity (after tax) Please list your answers to single choices for each chapter as follows: 15 610 1115 1620 2125 2630 313