hi, i need help on #5. thanks in advance!!

using the data in exercise (1) above and the data below, analyze the profitability of the farmers business for 20X3 and 20X4. Include an interpretation of your ratio calculations.

5) Using the data in exercise (1) above and the data below, analyze the profitability of the Farmers' business for 20X3 and 20X4. Include an interpretation of your ratio calculations. (Points: 20) 20X3 20X4 Net farm income from operations $35,800 Farm interest expense I $38,600 4,500 1,000 6,000 Owner withdrawals 1,200 Gross revenues 82,100 85,300 Accrual adjusted net farm income 38,600 35,000 1) Using the data below, conduct a trend analysis on their balance sheet. How would you evaluate the results? (Points: 15) 20X1 20X2 20X3 Total Current Assets $ 16,403 $ 17,800 $ 20,100 Total Assets 773,253 763,150 750,650 Total Current Liabilities 59,820 45,500 38,600 Total Liabilities 265,988 190,500 180,900 Total Equity 507,265 572,650 569,750 20X1 20X2 20X3 Amount Trend (%) Amount Trend (%) Amount Trend (%) Total Current Assets 16,403 100% 17,800 108.52% 20,100 112.92% Total Assets 773,253 100% 763,150 98.69% 750,650 98.36% Total Current Liabilities 59,820 100% 45,500 76.06% 38,600 84,84% Total Liabilities 265,988 100% 190,500 71.62% 180,900 94.96% Total Equity 507,265 100% 572,650 112.89% 569,750 99.49% 20X4 $ 18,600 768,200 28,500 240,000 528,200 20X4 Amount Trend (%) 18,600 92.54% 768,200 102.34% 28,500 73.83% 240,000 132.67% 528,200 92.71% 5) Using the data in exercise (1) above and the data below, analyze the profitability of the Farmers' business for 20X3 and 20X4. Include an interpretation of your ratio calculations. (Points: 20) 20X3 20X4 Net farm income from operations $35,800 Farm interest expense I $38,600 4,500 1,000 6,000 Owner withdrawals 1,200 Gross revenues 82,100 85,300 Accrual adjusted net farm income 38,600 35,000 1) Using the data below, conduct a trend analysis on their balance sheet. How would you evaluate the results? (Points: 15) 20X1 20X2 20X3 Total Current Assets $ 16,403 $ 17,800 $ 20,100 Total Assets 773,253 763,150 750,650 Total Current Liabilities 59,820 45,500 38,600 Total Liabilities 265,988 190,500 180,900 Total Equity 507,265 572,650 569,750 20X1 20X2 20X3 Amount Trend (%) Amount Trend (%) Amount Trend (%) Total Current Assets 16,403 100% 17,800 108.52% 20,100 112.92% Total Assets 773,253 100% 763,150 98.69% 750,650 98.36% Total Current Liabilities 59,820 100% 45,500 76.06% 38,600 84,84% Total Liabilities 265,988 100% 190,500 71.62% 180,900 94.96% Total Equity 507,265 100% 572,650 112.89% 569,750 99.49% 20X4 $ 18,600 768,200 28,500 240,000 528,200 20X4 Amount Trend (%) 18,600 92.54% 768,200 102.34% 28,500 73.83% 240,000 132.67% 528,200 92.71%