The following information has been extracted from the financial statements (for the financial years of 2021 and 2020) of Paris Ltd, a well-established retail business.

				2021		2020
Profit before Income Tax				$570,000		$700,000
Interest Expense				$96,000		$70,000
Tax Expense				$140,000		$178,000
Total Assets				$5,600,000		$5,200,000
Total Equity				$2,100,000		$2,200,000
Total current liabilities				$2,110,000		$1,700,000
Total non-current (interest bearing) Liabilities				$1,390,000		$1,300,000

REQUIRED:

2. What limitations are there to conducting the analysis in part (a) above?