2. Prepare a horizontal analysis for 2022 using 2021 as the base year. (Note: If the percentage incr calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round you The balance sheets for Plasma Sereens Corporation and additional information are provi place.) PLASNA SCREENS CORPORATION Balance Sheets December 31, 2021 and 2020 7221 2020 FEDERER SPORTS APPAREL Balance Sheet December 31 5 116,800 78,889 95, aga $ 122,020 92,000 82,20 2,000 Year Increase (Decrease) Amount 2022 2021 Assets Cash Accounts recevable 438.800 483,020 798,869 678.989 (428,200) (268,020 51,235,303 $1,175,820 $ 2.370,000 $ 937.500 1.215,000 1,012,500 3.540,000 2,000,000 9 225.000 9,225,000 (1,350,000) (675,000 $ 15,000,000 $12,500,000 Current ; Cash Accounts receivable Inventory Investnents long-teri Land Ecuipment Less: Aculletlere iliun Total Liabilities and Stackholders' Equity Current liabilities: Accounts payable Irtarast payable Ircone tax payable Long-tery liabilities Note: payable Stockholders' equity Conon stock Retained earnings Total 11lities and stackholders' acuity 5 5 99,869 $ 85,ace 12,620 5.000 100,000 Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Tolatilities and stockholders' equity 203,000 700, ana 222,989 $1,235,989 762, 026 174,080 $2.175,000 5 1.725,000 $ 1,500,000 1.470,000 6.000.000 6,000.000 5.805,000 5,000,000 $ 15,000,000 $ 12,500,000 Additional information for 2021; 1. Net income is $48.800 2. Sales on account are $1,521,500, 3. Cost of goods sold is $1163,750. Required: 1. Calculate the following risk ratios for 2021: (Round your answers to 1 decimal place.) times times Risk Ratios a. Recewables tutover ratio b. Inventory tumover ratio c. Current ratio d. Acid-teatretlo e. Debt to equity ratio 10 101