Help - In the middle of a winter internship

So I am in the middle of a winter internship. I was asked to do some due diligence on a company The operational aspect of it was pretty straightforward. Now I have been asked to do a financial due diligence. I need some insight on what parameters I could look into. I am an Economics student, so my understanding of accounting concepts and Balance Sheets isnt that strong. The company is a beauty and wellness player.

Working at a boutique. Deal sizes vary from 5-15 million USD. Thanks in advance.

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