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Assets Balance sheet 2 0 1 9 2 0 2 0 Cash 5 4 8 9 0 6 3 8 0 0 Accounts receivable 1

Assets
Balance sheet 20192020
Cash 5489063800
Accounts receivable 105,56079,950
Inventory 149,29092,620
Plant & Machinery 375,380398,940
681,120635,310
Equity & Liabilities
Accounts payable 120,28090,030
Loan 126,560154,060
Ordinary share capital 264,000264,000
Retained earnings 170,280127,220
681,120635,310
Income Statement
Sales (25% in cash)861,250992,810
Cost of sales 559,810566,620
Operating expenses 217,720338,890
Interest expenses 19,99018,040
Income taxes 12,75013,850
Net Income 50,98055,410
compute 10 financial ratios spanning liquidity, profitability, and solvency categories and discuss the company's performance for 2019 and 2020

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