iClick here to download theselected financial statements for Micro Chip Computer

iClick here to download theselected financial statements for Micro Chip Computer Corporation. Answer questions 1 and 2 below based on the financial data.Next consider Micro Chips Consolidated Statement of Operations for the year ended September 25 2008.Download the filehere and answer questions 1 and 2.To receive full credit on this assignment please show all work including formulae and calculations used to arrive at the financial values. Students using Microsoft Excel must provide an adequate explanation of the methodology used to arrive at that answer.Assignment Guidelines:Your submitted assignment (125 points) must include the following:Grading:You will be graded on the accuracy of your financial calculations as well as your demonstrated understanding of financial statement analysis.