Kindly Solve the following question and shows step by step calculations

The tasks outlined below are to be completed based on the information provided in the attached excel file. Perform a Horizontal analysis for the year 2018 to year 2021 Income Statement and Balance sheet. Perform a Vertical analysis (common size statements) for the year 2018 to year 2021 Income Statement and Balance sheet. o Always consider the first year as the base year for the horizontal analysis. Provide your observations on the trends of the business, based on your horizontal and vertical analysis. Assess the business liquidity by using liquidity ratios. o Is the company's position improving or deteriorating? Explain your answer. Assess the business profitability by using profitability ratios. o Is the company's position improving or deteriorating? Explain your answer. Based on the above analysis (horizontal, vertical, and ratios), write a brief financial summary of the business, and explain any observed risks/weaknesses for the business.

Patel's Fabrics Ltd. Comparative Income Statements Patel's Fabrics Ltd. Comparative Balance Sheets Liabilities \& Shareholders' Equity Patel's Fabrics Ltd. Comparative Income Statements Patel's Fabrics Ltd. Comparative Balance Sheets Liabilities \& Shareholders' Equity