Anaylze the firms balance sheet and provide any recommendations

BUSSIAF - INTRODUCTION TO ACCOUNTING AND FINANCE Lalitha Enterprises Ltd Balance Sheet as at 31 December 2019 e: All values should be whole numbers of thousands of dollars. All values should be positive except for depreciati ASSETS (10 0 0) LIABILITIES (X0 0) Content Liabilities Accounts Receivable 135 Accounts Payable 107 Inventory 211 Bank Overdraft 25 Cash 535 Income Tax Payable 95 Pre-paid Expenses 36 Dividends Payable 287 Total Current Assets 1,037 Total Current Liabilities 514 Ho noticeat Assets Morecontent Liabilities Land & Buildings 1,350 Bank Loans 576 Plant & Equipment 480 Mortgage Loans 485 Motor Vehicles 140 Corporate Bonds 740 Furniture, Fixtures & Fittings 150 less Depreciation on Plant & Equipment -24 less Depreciation on Mo on on Motor Vehicles -7 less Depreciation on Furniture, Fixture 4, Fixtures & Fittings -15 Total Non-current Assets 2,054 Total Non-current Liabilities 1.801 TOTAL LIABILITIES 2,315 SHAREHOLDERS' EQUITY Ordinary Shares 484 Retained Earnings 95 Preference Shares 197 TOTAL SHAREHOLDERS' EQUITY 776 TOTAL ASSETS 3,091 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 3,091