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Comparative financial statement data of Tanfield, Inc., follow: Requirements: a. Analyze the financial statements by using horizontal and vertical techniques. Compute the following ratios for

Comparative financial statement data of Tanfield, Inc., follow: Requirements: a. Analyze the financial statements by using horizontal and vertical techniques. Compute the following ratios for 2020 and 2021 . b. Analyze the financial statements and compare the year 2020-2021. Decide whether the ABC's ability to pay debts and to sell inventory improved or deteriorated during 2021 . Comparative financial statement data of Tanfield, Inc., follow: Requirements: a. Analyze the financial statements by using horizontal and vertical techniques. Compute the following ratios for 2020 and 2021 . b. Analyze the financial statements and compare the year 2020-2021. Decide whether the ABC's ability to pay debts and to sell inventory improved or deteriorated during 2021

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