For this assignment you are to continue on what you had done in the previous paper. Only this time we will need you to make the following changes to the current paper. Make sure your TURNITIN IS UNDER 20%Continuing Case CC2. You need to expand this analysis on the following sections.Statements to show whether Biscuits can meet current liabilitiesNatalie will need the balance sheet, particularly the current liabilities(A1) and current assets that give the current ratio and acid test ratio. These ratios indicate whether the company can meet its current liabilities using the available current assets (Easton & Sommers, 2018).Statements to show whether Biscuits can survive long periodsNatalie will look at the balance sheet and the income statement to determine debt (A2) ratio and debt-equity (solvency ratios). This ratio will indicate the long-term survival of the business in the market (Easton & Sommers, 2018).(A1)Expand this analysis(A2) Same comment as aboveDividend payment from BiscuitsNatalie should determine the dividend yield and dividend payout ratio from the financial statement received from Biscuits (Easton & Sommers, 2018).All paragraphs should be fully developed…generally 3 to 5 solid sentences. You need to add more to this section.Continuing Case CC8. Ratios to Determine and questions to as Curtis. You mention profitability rations. You need to discuss this further in your writing.
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