A. present the balance sheet with each account balance as a percent of total assets. B. Present the income statement with each balance as a percent of salesc. comment on the resulet of any signigicant findings. D. What type of issue does the company seem tobe facing? E. what suggestins do you have theo theBao Corporation? F. Prepare a horizontal analysis for the balance sheet. G. prepare a horizontal analysis for the income statment. H. comment on the result of any signifiacant findings. I. what types of issue does the compnay seem to be facing? J. what suggestiong do you have for the Bao Corporation?

	2015	2014
Current assets
cash	$ 1,900	$ 1,300
accounts receivable net	$ 91,000	$ 7,300
inventory	$ 11,300	$ 9,100
prepaid expenses	$ 560	$ 250
		$ 1
total current assets	$ 22,860	$ 17,950
property and equipment:
Land	$ 86,000	$ 86,000
Bldgs. & equipment, net	$ 48,600	$ 52,000
total property and equipment	$ 134,600	$ 138,000
total assets	$ 157,460	$ 155,950
Liabilities and stock holder's Equity
Current liabilities
accounts payable	$ 17,600	$ 21,000
accrued expenses	$ 1,620	$ 4,430
notes payable, short term	$ 540	$ 220
Total current liabilities	$ 19,760	$ 25,650
Long term liabilities
bonds payable	$ 5,300	$ 5,300
notes payable	$ 34,400	$ 35,000
total liabilities	$ 59,460	$ 65,950
stockholders Equity
common stock	$ 11,000	$ 11,000
additional paid in capital	$ 19,000	$ 19,000
Total paid in capital	$ 30,000	$ 30,000
retained earnings	$ 68,000	$ 60,000
total stock holders equity	$ 98,000	$ 90,000
total liabilities and stockholders equity	$ 157,460	$ 155,950
Sales	$ 130,000	$ 111,000
cost of goods sold	$ 67,000	$ 61,000
Gross Margin	$ 63,000	$ 50,000
operating expenses
Selling expenses	$ 245,000	$ 20,000
Administrative expenses	$ 17,500	$ 14,600
total operation expenses	$ 42,000	$ 34,600
income from operations	$ 21,000	$ 15,400
interest expense	$ 5,600	$ 4,700
income before taxes	$ 15,400	$ 10,700
less income taxes	$ 6,160	$ 4,280
net income	$ 9,240	$ 6,420