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Question 1 LensCo is a privately owned chain of eyewear stores offering a range of services to its customers, including eye exams by licensed optometrists and high-end eye glasses and sunglasses. In an effort to further expand its range of eyewear, LensCo acquired 100% of the shares of Solar Film Inc. (SFI) on January 1, 2021. SFI produces a brand of sunglasses that protects the eyes from sun damage. You, CPA, are a senior financial analyst at LensCo, and the controller, Jing Lo, has asked for your help dealing with a few issues she has noted since the acquisition. Jing is concerned with the monthly internal reporting prepared by SFI. Jing had asked her staff Raj to prepare a summary of SFI's financial results in its first month following the acquisition. She was provided with a page filled with several colourful visualizations from Power BI. To save time, Jing has asked that you help her interpret the meaning of these images Required Interpret the financial results of SFI provided below identifying any areas of concern that should be brought to Jing's attention Income Statement by Line Item 70.000 80.000 50.000 0000 30.000 20 000 10.000 Cowes See (10.000 20000 2001 279 Power BI Questions (mmediate Financial Reporting 11 Power BI Questions (Intermediate Financial Reporting 1) Expenses as a % of Sales - 12-Month Average Cost of sales Selling general admin expenses Depreciation Interest Expenses as a % of Sales - January 2021 Cost of Seling generale pense Depreciation interes 12-Month Trend in Sales & Cost of Sales 70.000 225 FRE 40.000 30.000 20,000 10,000 De 20