The Company ASSETS 1. 2. 3. Prepare the following Vertical Analysis Horizontal Analysis All the key Ratios Discussed Cash Accounts Receivable Inventories Prepaid Expenses Accumulated tax prepayments 31-Dec 2020 178 678 678 1,329 1329 2 21 25 35 2.241 1.596 (857) 739 65 205 3,250 31-Dec 2019 175 740 1,235 17 17 29 29 2,196 1,538 -791 747 17 Current Assets Fixed Assets at . cost Less: Accumulated Depreciation Net Fixed Assets Investment (long term) Other Assets (long term) Total Assets The Company 205 3,148 LIABILITIES & SHAREHOLDERS' EQUITY 2020 2019 Net Sales Cost of Goods Sold Gross Profit Selling general & administrative expenses Earnings before interest and taxes Interest expense Earnings before taxes Income taxes Earnings after taxes Cash dividends Increase in retained earnings 31-Dec 2020 3,992 2,680 1,312 912 400 85 315 114 201 143 58 31-Dec 2019 3,721 2,500 1,221 841 380 70 310 112 198 130 68 448 148 36 191 823 631 031 356 136 127 164 783 627 Bank loans and notes payable Accounts Payable Accrued Taxes Other accrued liabilities Current L nt Liabilities Long-term debt Shareholders' equity Common Stock, 1 par value Additional paid in capital Retained earnings Total shareholders' equity Total Liabilities and shareholders' equity 421 361 1,014 1,796 3,250 421 361 956 1,738 3,148 The Company ASSETS 1. 2. 3. Prepare the following Vertical Analysis Horizontal Analysis All the key Ratios Discussed Cash Accounts Receivable Inventories Prepaid Expenses Accumulated tax prepayments 31-Dec 2020 178 678 678 1,329 1329 2 21 25 35 2.241 1.596 (857) 739 65 205 3,250 31-Dec 2019 175 740 1,235 17 17 29 29 2,196 1,538 -791 747 17 Current Assets Fixed Assets at . cost Less: Accumulated Depreciation Net Fixed Assets Investment (long term) Other Assets (long term) Total Assets The Company 205 3,148 LIABILITIES & SHAREHOLDERS' EQUITY 2020 2019 Net Sales Cost of Goods Sold Gross Profit Selling general & administrative expenses Earnings before interest and taxes Interest expense Earnings before taxes Income taxes Earnings after taxes Cash dividends Increase in retained earnings 31-Dec 2020 3,992 2,680 1,312 912 400 85 315 114 201 143 58 31-Dec 2019 3,721 2,500 1,221 841 380 70 310 112 198 130 68 448 148 36 191 823 631 031 356 136 127 164 783 627 Bank loans and notes payable Accounts Payable Accrued Taxes Other accrued liabilities Current L nt Liabilities Long-term debt Shareholders' equity Common Stock, 1 par value Additional paid in capital Retained earnings Total shareholders' equity Total Liabilities and shareholders' equity 421 361 1,014 1,796 3,250 421 361 956 1,738 3,148