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(CLO2) You have given the below Financial Statement of Al Falah Company. Please do the financial statement analysis to check the performance of the
(CLO2) You have given the below Financial Statement of Al Falah Company. Please do the financial statement analysis to check the performance of the company by using the ratios listed below. As at December 31, 2021 (Millions of Dollars) Assets 2020 2021 Cash $10 $30 Accounts Receivable 37 25 Inventory 50 60 Total Current Assets 97 115 Gross fixed assets 200 240 Accumulated depreciation 80 80 Net fixed assets 120 160 Total assets 217 275 Liabilities and owners 'equity Accounts payable 40 64 Notes payable 18 16 Total current liabilities Long term debt Common stock Retained earnings Total liabilities and owners 'equity 58 80 51 71 66 66 42 58 217 275 2001 $52 million and $127 million.
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