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Accounting

please show all calculations
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1. Copy the Big Rock Candy Mountain Mining financial statements from Problem 1 in Chapter 2 into a new workbook. a. Set up a ratio worksheet similar to the one in Exhibit 3-6, page 99, and calculate all of the ratios for the firm. b. Identify areas of concern, if any, using the ratios. Identify areas that have shown improvement, if any. c. In 2020 the ROE increased. Explain, in words, why this increase occurred using the DuPont method from equation (3-29). Now use the extended DuPont method from equation (3-33). d. Big Rock Candy Mountain Mining has shown an accounting profit in each of the past two years. Calculate the economic profit for these years and compare it to net income. The WACC is 9%. e. Using Altman's model for privately held firms, calculate the Z-score for Big Rock Candy Mountain Mining. Does it appear that the firm is in imminent danger of bankruptcy? EXHIBIT 3-6 EPI's Ratios vs. Industry Averages 1. Using the data presented below: Big Rock Candy Mountain Mining Co. Balance Sheet For the Year Ended December 31, 2020

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