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Specifically, the following critical elements must be addressed: II. Analysis. Use this section to present your findings based on quantitative and qualitative analysis of the

Specifically, the following critical elements must be addressed:

II. Analysis. Use this section to present your findings based on quantitative and qualitative analysis of the financial statements. Include a copy of the financial statements and any ratios or analysis in an appendix as support for your discussion. In particular, this section should cover:

d) Vertical Analysis. Perform a vertical analysis of the income statement and the balance sheet from the most recent three years in order to answer the following questions. Be sure to include supporting calculations and a vertical analysis spreadsheet in an appendix.

1. Do any items in your vertical analysis stand out? Why or why not? Be sure to provide specific examples and explain what elements you considered in arriving at your answer.

2. What does your vertical analysis suggest for managing the company’s financial health? Be sure to justify your response. For example, are there things the company might want to look at more closely? Why or why not?

3. What does your vertical analysis suggest with respect to how potential investors would view the company? Justify your response. For example, are there items that might make potential investors less likely to buy the company’s stock? Are there items that might make potential creditors wary about lending to the company? Why or why not?

e) Horizontal Analysis. Perform a horizontal analysis of the same key performance measures covered by your vertical analysis to examine trends for the company over the most recent three-year time period. Use your analysis to answer the following questions and include supporting calculations and a horizontal analysis spreadsheet in an appendix.

1. Do any items in your horizontal analysis stand out? Why or why not? Be sure to explain what elements you considered in arriving at your answer.

2. What does your horizontal analysis suggest for managing the company’s financial health? Be sure to justify your response. For example, are there things the company might want to look at more closely? Why or why not?

3. What does your horizontal analysis suggest with respect to how potential investors would view the company? Justify your response. For example, are there any items that might make potential investors less likely to buy the company’s stock? Are there items that might make potential creditors wary about lending to the company? Why or why not?

Balance Sheet

(In Thousands) (USD)202020192018
Total Assets521480003430900029739614
Current Assets26717000121030008306308
Total Liabilities299230002769100024816371
Long Term Debt9556000116340009403672
Stockholders' Equity2222500066180004923243
Total Assets per Share54.3237.9134.46
Current Liabilities14248000106670009992136
Net Assets per Share23.157.315.7

Income Statement

(In Thousands) (USD)202020192018
Total Revenue315360002457800021461268
EBITDA34420001346000743793
Operating Income1994000-69000-388073
Net Income721000-862000-976091
Revenue per Share33.7127.7725.17
EPS from Continuing Operations0.64-0.98-1.14
EPS - Net Income - Diluted0.64-0.98-1.14
Share Outstanding960000905000863015
Weighted Average Shares Outstanding - Basic933000885000852625
Weighted Average Shares Outstanding - Diluted1083000885000852625
Earnings per Share - Basic0.74-0.98-1.14

Cash Flow

(In Thousands) (USD)202020192018
Cash from Operations594300024050002097802
Cash from Investing-3132000-1436000-2337428
Cash from Financing99730001529000573755
Capital Expenditures315700013270002100724
Cash Flow per Share5.492.722.46
Cash & Cash Equivalents, Beginning of Year678300042770003964959
Cash & Cash Equivalents, End of Year1990100067830004276388

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In the vertical analysis of the balance sheet we can see that the total assets increased significantly from 2018 to 2019 and then again from 2019 to 2... blur-text-image

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