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provide equations too Take me to the text The following financial statements are taken from the records of Organo Inc. a) Use horizontal analysis techniques

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Take me to the text The following financial statements are taken from the records of Organo Inc. a) Use horizontal analysis techniques to compare the changes between 2019 and 2018 balance sheet items. Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. Round all percentages to the nearest whole number i.e. 2161% should be entered as 22%). Organo Inc. Balance Sheet As at January 31 2019 2018 $ Change % Change Current Assets % $327,800 $322,700 $ Cash % $219,300 $187,100 $ Accounts Receivable % $342,700 $382,400 $ Merchandise Inventory % $71,500 $100,800 $ % Short-Term Investments $961,300 $993,000 $ % Total Current Assets $349,000 $268,500 $ % Noncurrent Assets $1,310,300 $1,261,500 $ Total Assets Total Assets $1,310,300 $1,261,500 $ Current Liabilities $287,700 $245,100 $ % Long-Term Liabilities $175,800 $134,600 $ Total Liabilities $463,500 $379,700 $ Stockholders' Equity $846,800 $881,800 $ Total Liabilities and Equity $1,310,300 $1,261,500 $ b) Perform a vertical analysis of the income statement for 2018, stating all income statement items as a percentage of net sales Organo Inc. Income Statement For the Year Ended January 31 2019 $719,000 Sales % $395,450 Cost of Goods Sold 9 $323,550 Gross Profit % $27.900 Operating Expenses Administrative Expense $78,300 % Selling Expense $106,200 96 Total Operating Expenses Other Income and Expenses $18,700 Interest Expense For the Year Ended January 31 2019 Sales $719,000 % Cost of Goods Sold $395,450 % % Gross Profit $323,550 Operating Expenses % Administrative Expense $27,900 % $78,300 Selling Expense % $106,200 Total Operating Expenses Other Income and Expenses % $18,700 Interest Expense % $198,650 Income Before Income Tax % $59,595 Income Tax Expense % $ 139,055 Net Income

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