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Question 4 Family Supermarkets Ltd. reports the following set of financial statements for 2019. Required - Using the following information, perform a vertical analysis for

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Question 4 Family Supermarkets Ltd. reports the following set of financial statements for 2019. Required - Using the following information, perform a vertical analysis for the income statement and balance sheet for 2019: (11.5 marks) Family Supermarkets Les Income Statement For the Year Ended December 31, 2019 Sales Revenue Cost of goods sold Gross Margin $ $ $ 2019 526.000 366.000 219.000 Operating Expenses Seling and general expenses $ Interest expense $ Total expenses $ Net Income $ 170.000 11200 181200 17800 Question 4 (con't) Family Supermarket Balance Sheet December 31, 2019 Assets Ch Accounts Receivable Inventory Prepaid Expenses Total Current Assets $ $ $ $ $ 2019 30.000 22.000 22.000 10.000 175.000 Long Term Investments Property, plant and equipments Total Assets $ 315.000 Liabilities Accounts Payable Income Taxes Payable Other liabilities Total Current Liabies $ $ $ $ 28.000 3.000 130.000 158.000 Long Term Debt Total Liabilities $ $ 19.200 177200 Shareholder Equity Common Shares $ Retained Eaming $ Total Shareholders Equity $ Total Liabilities & Shareholders 100.000 37800 137800 315.000 Questions Ining the innan tatamant dhalann choot from

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