Profitability of Bernett: Profitability of a company is an analysis of costs and revenue to determine the profit factors of the venture, what those...

a. Comment on the statement of cash flows.b. Compute the following liquidity ratios for 2007:1. Current ratio2. Acid-test ratio3. Operating cash flow/current maturities of long-term debt and current notes payable4. Cash ratioc. Compute the following debt ratios for 2007:1. Times interest earned2. Debt ratio3. Operating cash flow/total debt