examples of how to a memo to the CEO of Berry’s Bug Busters for my final in Accounting 291Access the information contained in your selected organizationâs balance sheet and income statement to calculate the following:â¢Liquidity ratios ?Current ratio?Acid-test, or quick, ratio?Receivables turnover?Inventory turnoverâ¢Profitability ratios ?Asset turnover?Profit margin?Return on assets?Return on common stockholdersâ equityâ¢Solvency ratios ?Debt to total assets?Times interest earnedShow 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:â¢What do the liquidity, profitability, and solvency ratios reveal about the financial position
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