The Smithsons have been looking for businesses that they might purchase

The Smithsons have been looking for businesses that they might purchase, as a means to expansion.
One such business has become available that interests them. The ChateauRedoubtable Hotelis set in its own grounds, in attractive countryside near the historic town of Quimper. The building has been converted into an apartment hotel, with 20 largely identical units. The company that owns the chateau is asking3.0m for the sale of the business. The latest financial accounts for the establishment are available.
Task
Write a 1000 word report to the Smithsons, using your analysis of the figures to answer the following questions.
1)What do the figures say about the proposed purchase in terms of current profitability, liquidity and solvency of the business?
2)Evaluate the asking price for the business in the light of the figures provided
3)What else would it be useful to know in order to make a firmer judgement?
4)What are your recommendations to the Smithsons?