Question Balance Sheet - Two-Year Comparison Cash & Equivalents Trade Accounts Receivable Inventory Other Current Assets Total 81 1972 -137 Long Term Investments Net Fixed Assets Intangible Assets Other Non-Current Assets Total Asics 61 874 12166141149939 Accounts Payable Notes Payable 375 Accrued Liabilities Incote Taxes Payable Current Portion of Long-Term Debt 111.233115.575 74.292 771.414 Long-Term Debt 281 09 263,352 Other Long-Term Liabilities Total Long-Term Libilities 336.809 299,352 1.121.601 1,020.06 |Esuity | Retained Earn 29113 Total Equity 95.013 79,113 Total Liabilities and Equity 1 216.614 1.149,999 Statement of Ince - Two-Year Comparis 2015 Sales Cost of Sales 345.879 300.456 Gross Profit 8451.543 7455,812 Operating Expenses 4.995.000 Operatin Profit 3.452.9003447.169 Other Income Other Expenses 16. NO 1550 Farings Before Interest and Taxes 3.416.500 1431627 In Fxpre Earnings Before Taxes 3.364.239 3363185 Provision for Income Taxes 21,877 21.070 Net Income - Number of mon shares outstanding 150.000 Market price per share of stock in 2019 wasses per share and in 2015 542 peshare Requirements a) Prepare a Horizontal analysis of the balance sheet and income statement for the years 2019 and 2018 b) Compute the following ratio 2. Quick Ratio 3. Accounts Receivable Tumong Days Sales in Reches 5. Inventory move 6. Days' sales in Inventory 7. Percent Gross Profit % Percental of Return on Act 11. Price aming Rate 12. Debe to Equity 13. Times aterest Earned 14. Debt ratio