This assignment is based on a virtual otganization called Baderman Island Resort Access  the information contained in your selected organization’s balance sheet and income statement to calculate the following: Liquidity ratios Current ratio Acid-test, or quick, ratio Receivables turnover Inventory turnover Profitability ratios Asset turnover Profit margin Return on assets Return on common stockholders’ equity Solvency ratios Debt to total assets Times interest earned Show  your calculations for each ratio. Create  a horizontal and vertical analysis for the balance sheet and the income statement. Write  a 350- to 700-word memo to the CEO of your selected organization in which you discuss your findings from your ratio calculations and your horizontal and vertical analysis. In your memo, address the following questions: What do the liquidity, profitability, and solvency ratios reveal about the financial position of the company? Which users may be interested in each type of ratio? What does the collected data reveal about the performance and position of the company? Format  your memo consistent with APA guidelines. .

1. This assignment is based on a virtual otganization called
Baderman Island Resort
Access
the information contained in your selected organization’s
balance sheet and income statement to calculate the following:
Liquidity ratios
Current ratio
Acid-test, or quick, ratio
Receivables turnover
Inventory turnover
Profitability ratios
Asset turnover
Profit margin
Return on assets
Return on common stockholders’ equity
Solvency ratios
Debt to total assets
Times interest earned
Show
your calculations for each ratio.
Create
a horizontal and vertical analysis for the balance sheet and the
income statement.
Write
a 350- to 700-word memo to the CEO of your selected
organization in which you discuss your findings from your ratio
calculations and your horizontal and vertical analysis. In your
memo, address the following questions:
What do the liquidity, profitability, and solvency ratios reveal
about the financial position of the company?
Which users may be interested in each type of ratio?
What does the collected data reveal about the performance and
position of the company?

2. Format
your memo consistent with APA guidelines.