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help me answer this and explain to me please I'm so stressed about this ? The following are the Financial Statements of Louise Company: LOUISE

help me answer this and explain to me please I'm so stressed about this ?

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The following are the Financial Statements of Louise Company: LOUISE COMPANY Statement of Financial Position December 31, 2015, and 2016 2015 2016 ASSETS Current Assets Cash 198,000 270,000 Accounts Receivables, net 30,000 40,000 Merchandise Inventory 15,000 10,000 Marketable securities 20,000 20,000 Prepaid Expenses 10,000 8,000 Total Current Assets 273,000 348,000 Non - Current Assets Land 500,000 500,000 Building, net 390,000 380,000 Machinery, net 100,000 90,000 Furniture and Fixtures, net 50,000 45,000 Long term Investments 100,000 80,000 Total Non -current assets 1,140,000 1,095,000 Total Assets 1,413,000 1,443,000 LIABILITIES AND EQUITY Current Liabilities Accounts Payable 35,000 45,000 Short Term Liabilities 10,000 12,000 Total Current Liabilities 45,000 57,000 Non-Current Liabilities Long Term Debts 60,000 90,000 Mortage Payable 90,000 90,000 Total Non-current Liabilities 150,000 180,000 Total Liabilities 195,000 237,000 Total Capital 1, 218,000 1,206.000 Total Liabilities and Capital 1,413,000 1,443,000 LOUISE COMPANY Income Statement For the years ended December 31, 2015, and 2016 2015 2016 Ne Sales 95,000 112,000 Cost of Good Sold 40,000 45,000 Gross Profit 55,000 67,000 Administrative Expenses 8,000 8,120 Selling Expenses 4,200 5,100 Net Income 42,800 53,780 Using the information from Louise company, prepare a financial statement analysis using the following: (You can provide extra sheets) 1. Horizontal Analysis Il. Vertical Analysis Ill. Financial Ratios

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