Patel's Fabrics Ltd. Comparative Income Statements Patel's Fabrics Ltd. Comparative Balance Sheets The tasks outlined below are to be completed basud 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. - Perlorm a Vertical arialysis (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 analvsisi. - Ascess the business' liquidity by using linuidity ratios. Is the compary's position improving or deteriorating? Explain your answer. - Assess the business' profitability by using profitability ratios. 0 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