FINANCIAL MANAGEMENT – ASSESSMENT BPage 1 of 6ASSESSMENT Instruction : This Assessment is open-book. There is no time limit, and you may use your textbooks, other supporting material and and Excel financial formulae for your reference and assistance. Please answer all questions. Question 1 (15 marks) (Working with financial statements) Based on the information for the T. P. Jarmon Company for the year ended December 31, 2015: a)How much is the firm’s net working capital, and what is the debt ratio? b)Complete a statement of cash flows for the period. Interpret your results. c)Compute the changes in the balance sheets from 2014 to 2015. What do you learn about T. P. Jarmon from these computations? How do these numbers relate to the statement of cash flows