1. Complete a vertical and horizontal analysis on the tabs labeled "Balance Sheet" and "Income Statement", use total assets on the balance sheet and net sales on the income statement for your vertical analysis. 2. Using the balance sheet and income statement, complete the ratios on the tab labeled "Ratios" for year-ended 2020 and 2019 3. Based on your analysis, in a 1 page MEMO (format below), tell me how this company performed 2019 vs 2020 (be SPECIFIC) A15 C3 fx2020 Ratios \& 2019 Ratios 12 NOTE: you do not have to use "average" for Inventory, Debt, Equity or Assets. You can use the year's ending balance instead (that will make the ratio years comparab 1313 1. Complete a vertical and horizontal analysis on the tabs labeled "Balance Sheet" and "Income Statement", use total assets on the balance sheet and net sales on the income statement for your vertical analysis. 2. Using the balance sheet and income statement, complete the ratios on the tab labeled "Ratios" for year-ended 2020 and 2019 3. Based on your analysis, in a 1 page MEMO (format below), tell me how this company performed 2019 vs 2020 (be SPECIFIC) A15 C3 fx2020 Ratios \& 2019 Ratios 12 NOTE: you do not have to use "average" for Inventory, Debt, Equity or Assets. You can use the year's ending balance instead (that will make the ratio years comparab 1313