read the requirment please.

Data table Requirements 1. Perform a trend analysis on Tang's sales revenue, inventory, and receivables over the past three years, using 2018 as the base. Is the trend in each of these areas favorable or unfavorable for the company? 2. Using the industry averages as be three years a. Liquidity c. Overall debt payment ability b. Turnover d. Profitability 3. Evaluate Tang's quality of earnings. Are there any red flags in your analysis? Explain. Selected data from Tang Furniture, Inc., follows. (Click the icon to view selected balance sheet data.) (Click the icon to view selected income statement data.) Industry averages have been gathered for several ratios. (Click the icon to view the ratios.) Read the requirements. Accounts receivable, net Is the trend in each of these areas favorable or unfavorable for the company? The trend percentages for sales revenue is The trend percentage in inventory indicates a The trend percentage in net receivables is than the increase in sales, which is trend. a. Start by analyzing the liquidity ratios: the current ratio and the quick ratio. Select the formula and enter the amounts to calculate the current ratios for the years 2019 through 2021 . (Round the ratios to two decimal places, X.XX.)