Prepare comparative income statements for year 2011 in

Question

Jeffersonian Corporation has been in business for over 50 years. The company is looking to expand operations into the Pacific Rim and would like an analysis of its financial statements to be prepared. Review the financial statements below:
Jeffersonian Corporation
Comparative Income Statement
For years ended December 31, 2011 and 2010

Jeffersonian Corporation
Comparative Balance Sheet
For years ended December 31, 2011 and 2010

REQUIRED:

1. Prepare comparative income statements for year 2011 in comparison to year 2010.
2. Prepare common-size comparative balance sheet for years 2011 and 2010
3. Compute the following ratios for 2011. Current ratio 
Profit margin ratio
Acid-test ratio 
Total asset turnover
Accounts receivable turnover 
Return on total assets
Days sales uncollected 
Earnings per share
Inventory turnover 
Price earnings ratio
Debt-to-equity ratio 
Dividend yield
Times interest earned