needs an answer for analysis

information about the liquidity in the long or short term, net income, assets increasing or decreasing

writing each one in sentence please.

nces Mailings Review View Help O Search In early 2019, Shane inherited a business from her/his Irish uncle. Shane learnt that her/his uncle had appointed new management at the beginning of 2017, and that since then income had declined. This made Shane wonder if the new management was any good. Use trend analysis to advise what s/he should do as the new owner. Income Statement (8 000) Sales CGS Operating Expenses Net Income 2018 2,430 1,740 520 170 2017 1,930 1,220 370 340 2016 1.650 995 240 415 2015 1.250 740 190 320 Balance Sheet AR Inventory AP 1,170 4,200 2,730 1,100 2,700 1,500 750 2,000 1,050 500 1.250 650 a: Compute the Index (round to nearest whole number) for each of the following accounts Income Statement Indices Sales CGS Operating Expenses Income 2018 194 235 274 53 2017 154 165 195 106 2016 132 135 126 130 2015 100 100 100 100 Balance Sheet Indices AR Inventory A/P 2018 234 336 2017 220 216 2016 150 160 2015 100 100 b: Analyze the trends shown by the indices and advise Shane as to what action, if any, s/he should take Analysis