Answerd for this please.!

Andrew works at a public company called TNN Manufacturing Ltd. He has observed that the company is trying to expand its operation in the market over the past one year. The management has heavily invested in plant and equipment over this period. Considering the high growth potential of the business, Andrew is planning to invest in this company by purchasing shares. He consulted with this friend Peter regarding this plan. After reviewing TNN Manufacturing's balance sheet for past two years, Peter commented, "While I understand that this company is focusing on growth, they have a taken a risky approach to achieve the growth". Do you agree with Peter's comments? Justify your answer. TNN Manufacturing Ltd Comparative Balance Sheet As at 30th June 2019 and 2020 2019 (S) 2020 ASSETS Current Assets Cash at Bank Accounts Receivable Inventory Other current Assets Total Current Assets 23,600 41,800 32,000 6,200 51,100 40,400 5,900 103,600 6,400 103,800 Non-current Assets Land and Building Plant and Equipment Furniture Long-term investment Total Non-current Assets 54,000 62,000 5,800 9,200 131,000 54,000 190,000 5,300 9,000 258,300 Total Assets 234,800 361,900 LIABILITIES Current liabilities Accounts Payable Total current liabilities 52,400 52,400 52,100 52,100 Non-current liabilities Long-term debt Total non-current liabilities 82,400 82,400 208,800 208,800 Total Liabilities 134,800 260,900 EQUITY Share Capital Total Equity 100,000 100,000 101,000 101,000 Total Liability and Equity 234,800 361,900