Q:

Competitive Income Statement As of Ended December 31

2017 2016 2015

Revenue	94,595	88,519	83,176
Cost of Goods Sold	62,282	58,254	54,787
Gross Profit	13,427,	11,774	10,469
Operating Expenses	18,886	18,491	17,920
Net Income	7,957	7,009	6,345

Balance Sheet, As of December 31

2017 2016

Cash	2,538	2,216
Inventory	12,549	11,809
Property and equipment, net	21,914	22,191
Total Assets	17,724	16,484
Account Payable	7,000	6,565
Accrued and other Liabilities	1,484	1,515
Common Stock	88	88
Additional Pain-in Capital	9,787	9,347
Retained Earnings	35,519	30,973
Total Liabilities and Stockholder's Equity	42,966	41,973

Perform Horizontal Analysis, Trend(Horizontal) Analysis and Vertical Analysis. Solve the following Questions:

(Horizontal Analysis)

1) Consider the critical items on the Balance Sheet and Income Statement.

2) Select three years balance sheet and Income Statement items that you consider important.

3) Indicate "Why" you consider the balance sheet and Income Statement items you selected are important.

4) Discuss any patters/ trends noted n the selected balance sheet an Income Statement items.

5) What conclusions can you draw from the analysis performed on your selected balance sheet and Income Statement items?

(Vertical Analysis)

1) Consider the critical items on the Balance Sheet and Income Statement.

2) Select three years balance sheet and Income Statement items that you consider important.

3) Indicate "Why" you consider the balance sheet and Income Statement items you selected are important.

4) Discuss any patters /trends noted in the selected balance sheet and Income Statement items.

5) What conclusions can you draw from the analysis performed on your selected balance sheet and Income Statement items?