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Ill give Upvote The accounting information collected from the MCM company is detailed in the attached tables. Using Tables and showing formulas Prepare the following: a-Balance Sheet at the end of September 30, 2010 b-Status of the cost of the merchandise sold for the month of September 2010 c-Income statement for the month of September 2010 d-Calculate the following financial ratios: current ratio, acid test ratio, participation ratio, profit margin.

Current Situation September 30 2010
Account	Balance
Debts to pay	$35 000
Accounts receivable	$29 000
Bonuses Payable	$110 000
Buildings (net value)	$605 000
Money on Box	$17 000
Dividends payable	$8 000
Inventory (all)	$31 000
Land (terrain)	$450 000
Long-term mortgage payable	$450 000
Retained Utility	$154 000
Stock Value	$375 000

Transactions for September 2010
Category		Amount
Direct Labor Force		$50 000
Expenses
Insurance	$20 000
Sales	$62 000
Rental and maintenance	$40 000
Wages	$110 000
Other	$62 000
Total		$294 000
Income Tax		$20 000
Inventory of finished product as of September 1,2010		$25 000
Inventory of finished product September 30, 2010		$ 50 000
Inventory of materials as of September 1, 2010		$46 000
Inventory of materials as of September 30, 2010		$25 000
Purchasing of Materials		$20 000
indirect manufacturing costs		$75 000
Sales Income		$500 000

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