Attached is the Income Statement and BS for the last three years I have to write in
Question:
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Attached is the Income Statement and BS for the last three years I have to write in my paper the following areas. Looking for help on this data analysis.
Horizontal Analysis of Income Statement and Balance Sheet
Help on preparing a three-year, horizontal analysis of the income statement and balance sheet of your selected company.Discuss the importance and meaning of horizontal analysis.Discuss both the positive and negative trends presented in your company.
Ratio Analysis
Calculate the current ratio, quick ratio, cash to current liabilities ratio, over a two-year period.Discuss and interpret the ratios that you calculated.Discuss potential liquidity issues based on your calculations of the current and quick ratios.Are there any factors that could be erroneously influencing the results of the ratios?Discuss liquidity issues of competitive companies within the same industry.
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