Mastery Problem: Financial Statement Analysis Liquidity and Solvency Measures bet! amounts.) Balance Sheet December 31, 20Y6 Assets Current assets: Cash $823,000 Marketable securities Accounts receivable (net) Inventory Prepaid expenses Total current assets Long-term investments Property, plant, and equipment (net) Total assets Liabilities Current liabilities Long-term liabilities Total liabilities Stockholders' Equity Preferred stock, $10 par Common stock, $5 par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Match each computation to one of the profitability measures in the table. Comparative Income Statement For example, for 32.048% enter 32.0%. For 32.058% enter 32.1%. Comparative Income Statement For the Years Ended December 31, 20Y6 and 20Y5 Using only the information from your horizontal analysis of the comparative income statement, complete the following sentences. has decreased significantly from 20Y5 to 20Y6, even though has increased. However, has also which slowed the increase i In addition, has increased at a faster rate. The company appears Based on these observations, do you recommend that your friend invest in this company's stock? Mastery Problem: Financial Statement Analysis Liquidity and Solvency Measures bet! amounts.) Balance Sheet December 31, 20Y6 Assets Current assets: Cash $823,000 Marketable securities Accounts receivable (net) Inventory Prepaid expenses Total current assets Long-term investments Property, plant, and equipment (net) Total assets Liabilities Current liabilities Long-term liabilities Total liabilities Stockholders' Equity Preferred stock, $10 par Common stock, $5 par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Match each computation to one of the profitability measures in the table. Comparative Income Statement For example, for 32.048% enter 32.0%. For 32.058% enter 32.1%. Comparative Income Statement For the Years Ended December 31, 20Y6 and 20Y5 Using only the information from your horizontal analysis of the comparative income statement, complete the following sentences. has decreased significantly from 20Y5 to 20Y6, even though has increased. However, has also which slowed the increase i In addition, has increased at a faster rate. The company appears Based on these observations, do you recommend that your friend invest in this company's stock