Please give an explaination asap

Company A Company B INCOME STATEMENT for the total period (in Millon ) INCOME STATEMENT (in Millon ) 3 2019 2018 2019 2018 & Sales or Revenues 550.00 600.00 Sales or Revenues 1,270.00 1,230.00 5 297.50 Cost of Goods and servicessold 210.00 6 221.00 Cost of goods sold 246.00 Gross Income 252.50 390.00 Gross Income 1,049.00 984.00 7 General expenses: General expenses: 8 Administrative expenses 56.00 43.00 Administrative expenses 44.10 55.00 9 28.00 14.00 65.40 78.20 167.00 129.00 180.00 250.00 11 28.00 28.00 12.00 14.00 16 Marketing expenses Salary and salary related expenses - Depreciation 13 Other operating expenses * Operating income Financial income Marketing expenses Salary and salary related expenses Depreciation Other operating expenses Operating income Financial income 75.00 35.00 42.00 705.50 35.00 551.80 101.50 141.00 15 1.60 1.50 6.10 4.30 Financial expenses 2.40 3.40 Financial expenses 46.30 69.50 1 Earnings before interest and tax 102.30 139.10 Income before taxes 500.30 486.60 Income tax expense 16 20.46 27.82 Income tax expense 100.06 97.32 Net income 81.80 111.30 Net income 400.20 389.30 20 Company A Company B 21 BALANCE SHEET (in Millon ) BALANCE SHEET (in Millon ) 22 12/31/2019 12/31/2018 12/31/2019 23 12/31/2018 24 Assets: Assets: Non-current assets Non-current assets 25 26 Intangible assets Property, plant and equipment 27 59.00 61.10 Intangible assets Property, plant and equipment 13.90 8.20 580.00 510.00 28 Patents 8.10 5.40 29 Current assets: Current assets: Inventories 30 70.00 45.00 Inventories 154.00 170.00 Accounts receivable 31 250.00 220.00 Accounts receivable 109.00 78.00 Short term investments 150.00 120.00 Short term investments 10.00 20.00 Cash and cash equivalents 240.00 220.00 Cash and cash equivalents 430.90 752.70 Total assets 732.00 618.60 Total assets 1,342.90 1,591.80 34 35 Equity: Equity: Share capital Share capital 2.50 2.50 350.00 404.00 60.00 50.00 Reserves 70.00 98.00 80.00 70.00 286.90 229.60 Reserves 37 Retained earnings Total equity 59 Liabilities Retained earnings Total equity 142.50 122.50 706.90 731.60 Liabilities Non-current liabilities: Non-current liabilities: 410.00 354.60 240.00 520.00 interest bearing liabilities (Loans) Tax liabilities Interest bearing liabilities (Loans) Tax liabilities 73.10 81.50 40.00 75.00 29.50 10.00 204.00 145.20 Current liabilities: Current interest-bearing liabilities Accounts payable Total liabilities Current liabilities: Current interest-bearing liabilities Accounts payable Total liabilities 76.90 50.00 152.00 120.00 589.50 496.10 636.00 860.20 Total equity and liabilities 732.00 618.60 Total equity and liabilities 1,342.90 1,591.80 ANSWER THE QUESTION BELOW. Enter calculations in the fields In GRAY. PLEASE USE FORMULAS TO LINK THE VALUES YOU CAN USE THE ADDIONAL FIELD FOR CALCULATIONS scroll to the right. Answers in Millons or % where required Company A Question tt Explanations Company B Points 2.00 1 What is the total Revenues Growth for the companies in Euros between 2018 and 2019 What is the total Revenues Growth in percentage for both companies between 2018 and 2019? 200 2 2.00 3 What is the total Net income for 2019? 2.00 2.00 4 What is the total Net Income for 2018? What is the change in Net income, in Euros from 2018 to 2019? (negative = Decrease, positive number = 5 increase) 6 For 2019. What is the Gross Income Margin (percentage) 7 For 2019. What is the Net Income Margin (percentage) 2.00 200 2.00 9 For 2019, what is the Debt Ratio? 10 For 2019 What is the total Return on Assets? 2.00 2.00 11 For 2019 How much cash fin banks) has the company? Type A or 5.00 5.00 5.00 After analysing your answers to questions 1-11, Answer the followings: 12 Which company had a bigger sales growth in % between 2018 and 2019? 13 For 2019 Which company generated higher Net income in terms of Euros 14 For 2019 which company had a bigger Net Income margin (percentage) 15 for 2019 Which company has more debt in relation to the total asses? 16 For 2019, Looking at the Total Return on Equity, which company is more efficient? 17 Which company has more cash in 2018? 15.00 10.00 5.00 13 Which company is bigger, in terms of total Assets and Sales? 5.00 6000