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2. Company B had the following financial statements over the last three years (in thousands). Try to evaluate trends in the company's financial condition and

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2. Company B had the following financial statements over the last three years (in thousands). Try to evaluate trends in the company's financial condition and performance. 20X2 20X3 Cash Receivables Inventories Current assets Net fixed assets Total assets Payables Accruals Bank loan Current liabilities Long-term debt Shareholder's equity Total liabilities and shareholder's equity Sales Cost of goods sold Selling, general, and administrative expenses Interest Profit before taxes Taxes Profit after taxes 20X1 $ 561 1,963 2,031 $ 4,555 2,581 $ 7,136 $ 1,862 301 250 $ 2,413 500 4,223 $ 387 2,870 2,613 $ 5,870 4,430 $10,300 $ 2,944 516 900 $ 4,360 1,000 4,940 $ 202 4,051 3,287 $ 7,540 4,364 $11,904 $ 3,613 587 1,050 $ 5,250 950 5,704 $ 7,136 $11,863 8,537 $10,300 $14,952 11,124 $11,904 $16,349 12,016 2,276 73 $ 977 390 $ 587 2,471 188 $ 1,169 452 S 717 2,793 200 $ 1,340 576 $ 764

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