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The Stair Company sells a variety of consumer products. The firm's comparative income statement and balance sheet for the years 2 0 2 2 and

The Stair Company sells a variety of consumer products. The firm's comparative income statement and balance sheet for the years 2022 and 2021 follow.
Required:
Complete both a horizontal and a vertical analysis of comparative income statement for the years 2022 and 2021.
Complete both a horizontal and a vertical analysis of comparative balance sheet for the years 2022 and 2021.
Calculate the following ratios:
Calculate the current ratio for 2021 and 2022.
Calculate the acid-test ratio for 2021 and 2022.
Calculate the inventory turnover for 2021 and 2022.
Calculate the return on sales for 2021 and 2022.
Calculate the earnings per share of common stock for 2021 and 2022.
Calculate the book value per share of common stock for 2021 and 2022.
Calculate the return on total assets for 2021 and 2022.
Calculate the ratio of stockholders' equity to total equities for 2021 and 2022.
Calculate the rate of return on stockholders' equity for 2021 and 2022.
Calculate the asset turnover for 2021 and 2022.
Complete a detailed analysis report of the company's performance that includes your calculations, as well as a professionally-written evaluation of the results. Look at the improvement or decline from year one to year two. Also, analyze the overall health of the organization.
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