HELP!!. Purpose of AssignmentProvide students with a basic understanding of financial management, goal of the firm, and the basic financial statements. Students should be able to calculate and analyze solvency, liquidity, profitability and market value ratios, and create proforma financial statements.Assignment StepsÿResources:ÿTutorial help on Excel?ÿand Word functions can be found on the Microsoft?Officeÿwebsite. There are also additional tutorials via the web that offer support for office products.Completeÿthe following Questions and Problems (Concepts and Critical Thinking Questions for Ch. 1 Only) from each chapter as indicated.ÿShowÿall work and analysis.ÿPrepareÿin Microsoft?ÿExcel?ÿor Word.ÿCh. 1: Questions 3 & 11 (Concepts Review and Critical Thinking Questions section)ÿCorporations [LO3] What is the primary disadvantage of the corporate form of organization? Name at least two advantages of corporate organization.Goal of the Firmÿ[LO2]ÿEvaluate the following statement: Managers should not focus on the current stock value because doing so will lead to an overemphasis on short-term profits at the expense of long-term profits.Ch. 2: Questions 4 & 9 (Questions and Problems section): Microsoft?ÿExcel?ÿtemplate provided for Problem 4.ÿPer-Share Earnings and Dividendsÿ[LO1]ÿSuppose the firm in Problem 3 had 90,000 shares of common stock outstanding. What is the earnings per share, or EPS, figure? What is the dividends per share figure?Calculating Additions to NWC [LO4] The 2014 balance sheet of Steelo, Inc., showed current assets of $4,630 and current liabilities of $2,190. The 2015 balance sheet showed current assets of $5,180 and current liabilities of $2,830. What was the company?s 2015 change in net working capital, or NWC?Ch. 3: Questions 4 & 7 (Question and Problems section)ÿÿCalculating Inventory Turnover [LO2] The Green Corporation has ending inventory of $417,381, and cost of goods sold for the year just ended was $4,682,715. What is the inventory turnover? The days? sales in inventory? How long on average did a unit of inventory sit on the shelf before it was sold?ÿDuPont Identity [LO4] If Roten Rooters, Inc., has an equity multiplier of 1.15, total asset turnover of 2.10, and a profit margin of 6.1 percent, what is its ROE?Ch. 4: Questions 1 & 6 (Questions and Problems section): Microsoft?ÿExcel?ÿtemplate provided for Problem 6.1.ÿÿÿÿ Pro Forma Statements [LOl] Considerÿ the followingÿ simplifiedÿ financialÿ statementsfor theYooCorporation (assuming no incometaxes):The company has predicted a sales increase of 15 percent. It has predicted that every item on the balance sheet will increase by 15 percent as well. Create the pro forma statements and reconcile them. What is the plug variable here?6.ÿÿ CalculatingInternalGrowth[L03]ThemostrecentfinancialstatementsforSchenkelCo.areshownhere:Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. What is the internal growth rate?Formatÿyour assignment consistent with APA guidelines if submitting in Microsoft?ÿWord.