Please I need help ASAP

Please provide the full analysis of the financial statements of Luther Corporation, including horizontal and vertical analyses, and ratios as you deem necessary. Please try to answer the following questions:

1. Has the performance of Luther improved from year 2008 to year 2009? Please indicate the areas where it did, and where it did not.

2. What are the problematic areas of the company?

3. What recommendations would you make to correct those problems?

Consider the following financial information:

Luther Corporation Consolidated Balance Sheet December 31, 2009 and 2008 (in $ millions) 2009 2008 Assets Current Assets Cash 63.6 58.5 Liabilities and Stockholders' Equity 2009 2008 Current Liabilities Accounts payable 87.6 73.5 Notes payable / short-term debt 10.5 9.6 Current maturities of long-term debt 39.9 36.9 Other current liabilities 6.0 12.0 Total current liabilities 144.0 132.0 Accounts receivable 55.5 39.6 Inventories 45.9 42.9 Other current assets 6.0 3.0 Total current assets 171.0 144.0 239.7 168.9 Long-Term Liabilities Long-term debt Capital lease obligations Total Debt --- --- 239.7 168.9 Long-Term Assets Land 66.6 62.1 Buildings 109.5 91.5 Equipment 119.1 99.6 Less accumulated depreciation (56.1) (52.5) Net property, plant, and equipment 239.1 200.7 Goodwill 60.0 Other long-term assets 63.0 42.0 Total long-term assets 362.1242.7 Deferred taxes 22.8 22.2 --- - Other long-term liabilities Total long-term liabilities 262.5 Total liabilities 406.5 323.1 Stockholders' Equity 126.6 63.6 Total Assets 533.1 386.7 Total liabilities and Stockholders' Equity 533.1 386.7