Financial Statement Analysis 1.A Company has provided the following details from its financial statements over the last two years:

2020 2019 sh. sh. Cash 30,000 20,000 Accounts receivable 200,000 260,000 Inventory 400,000 480,000 Fixed assets 800,000 800,000 1,430,000 1,560,000 Accounts payable 230,000 300,000 Accruals 200,000 210,000 Bank loan, short term 100,000 100,000 Long term debt 300,000 300,000 Common stock 100,000 100,000 Retained earnings 500,000 550,000 1,430,000 1,560,000 Sales 4,000,000 4,300,000 Cost of goods sold 3,200,000 3,600,000 Opening inventory 350,000 Net income 300,000 200,000 Additional information: -dividend payout -20% -market price- sh.10 -ordinary shares- 10,000 Required: Analyze the companys financial condition and performance over the 2 years using thratios: